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Based on the Information in the Table, What Is the Unemployment

Question 130

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Based on the information in the table, what is the unemployment rate?  
 Population 16 and older 1,000,000 Participation Rate 80% Errployed Workers 720,000\begin{array} { | l | r } \hline \text { Population } 16 \text { and older } & 1,000,000 \\\hline \text { Participation Rate } & 80 \% \\\hline \text { Errployed Workers } & 720,000 \\\hline\end{array}


A) 7.2 percent
B) 8.0 percent
C) 10.0 percent
D) 28.0 percent

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