Labour force data for a certain month in 2021 are as follows: Working age population = 20.91 million Labour force = 13.8 million Number of employed people = 13.04 million Number of unemployed people = 0.76 million What is the unemployment rate during the month? Group of answer choices a. 5.70% b. 3.78% c. 5.51% d. 3.63%

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Chapter15: Unemployment
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7) Labour force data for a certain month in 2021 are as follows:
Working age population = 20.91 million
Labour force = 13.8 million
Number of employed people = 13.04 million
Number of unemployed people = 0.76 million

What is the unemployment rate during the month?

Group of answer choices

a. 5.70%

b. 3.78%

c. 5.51%

d. 3.63%

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