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Assuming the total population is 100 million, the civilian labor force is 60 million, and 51 million workers are employed, the unemployment rate is

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ayokenny2001

Answer:

17.74%

Explanation:

Given that;

Total population = 100 million

Labor force = 60 million

Employed workers = 51 million

For the unemployed, it would be

= Total population - Labor force - Employed workers

= 100 - 60 - 51

= 11 million

By definition,

Unemployment rate = Unemployed / (Employed + Unemployed)

= 11 / (51 + 11)

= 11 / 62

= 0.1774

= 17.74%

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