Econ helpppp!?

A nation has a population of 260 million people. Of these, 60 million are retired, in the military, in institutions, or under 16 years old. There are 188 million who are employed and 12 million who are unemployed. What is the unemployment rate?

A. 4 percent

B. 6 percent

C. 9 percent

D. 27 percent

Econ helpppp!?emergency loan

12 unemployed plus 188 employed = total elegible work force of 200

12 (unemployed) / 200 (eligable work force size) = 6%

so B

Econ helpppp!?

loan

Sorry not enough information as the unemployment rate is only made up of people drawing unemployment insurance or have signed up for unemployment insurance. What we know is it is less than 12/200 leaving only A. Go teach your teach. Cause he may want 6%. But you are smarter than that. Economies have construction workers that work seasonal and farm workers- part time and seasonal workers in retail.|||B. 6 percent. There are 200 million people in the work force and 12 million are unemployed and seeking employment. 12 million/200 million is .06