charnessaharris9755 charnessaharris9755
  • 22-04-2022
  • Business
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The unemployment rate in a town in which 65,400 persons are employed and 11,000 are unemployed equals:

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Parrain
Parrain Parrain
  • 29-04-2022

Based on the number of people that are employed and those who are unemployed in this town, the unemployment rate is 14.4%.

What is the unemployment rate?

The unemployment rate can be found by the formula:
= Employed people / (Unemployed + Employed people)

Solving gives:

= (11,000) / (65,400 + 11,000)

= 11,000 / 76,400

= 14.4%

In conclusion, the rate is 14.4%.

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

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