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If the population of a country is 250,000 people, its labor force consists of 145,000 people, 35,000 people are unemployed, 10,000 are unable to work, and 5,000 are unwilling to work, the unemployment rate is

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Based on the population of the nation and those who are unemployed, the unemployment rate is 24.1%.

What is the nation's unemployment rate?

This can be found as:

= Number of unemployed people / Labor force

Solving gives:

= 35,000 / 145,000 x 100%

= 0.241 x 100%
= 24.1%

Find out more on the unemployment rate at https://brainly.com/question/13280244.

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