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-Using the Information in the Table Above, Calculate the Unemployment

Question 153

Multiple Choice

 Component  Number of  people  Total population 2600 Working-age population 2000 Not in labor force 500 Employed 1300\begin{array} { | l | c | } \hline { \text { Component } } & \begin{array} { l } \text { Number of } \\\text { people }\end{array} \\\hline \text { Total population } & 2600 \\\hline \text { Working-age population } & 2000 \\\hline \text { Not in labor force } & 500 \\\hline \text { Employed } & 1300 \\\hline\end{array}
-Using the information in the table above, calculate the unemployment rate.


A) 53.3 percent
B) 30.8 percent
C) 7.7 percent
D) 13.3 percent

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