Total Population: 319.9
Civilian Non-Institutional Population (16+): 249.0 Children, Soldiers, and Inmates: 70.9
Labor Force: 156.1 Not in the Labor Force: 92.9
Employed: 147.4 Unemployed: 8.7

This table reports population numbers (in millions) for the U.S. in December 2014. Based on these numbers, what is the unemployment rate?

Question

Total Population: 319.9
Civilian Non-Institutional Population (16+): 249.0	Children, Soldiers, and Inmates: 70.9
Labor Force: 156.1	Not in the Labor Force: 92.9
Employed: 147.4	Unemployed: 8.7

This table reports population numbers (in millions) for the U.S. in December 2014. Based on these numbers, what is the unemployment rate?

BlackTom AI · Accepted Answer

We start by restating the given data and the question to be answered. The table provides unemployment data for December 2014: Unemployed = 8.7 million and Labor Force = 156.1 million. The unemployment rate is defined as Unemployed divided by Labor Force, expressed as a percentage.

Option 1: 2.72%.
To get this value, one would have to compute 2.72% of the labor force and compare to the unemployed. 2.72% of 156.1 million is about 4.24 million, which does not match the reported unemployed of 8.7 million. This option underestimates the unemployment rate and misuses the ratio.

Option 2: 3.49%.
If we take 3.49% of 156.1 million, we get roughly 5.44 million unemployed, still far below the given 8.7 million. This indicates an incorrect calculation or misinterpretation of the numerator/denominator.

Option 3: 5.57%.
Compute the unemployment rate as Unemployed 8.7 million divided by Labor Force 156.1 million: 8.7 / 156.1 ≈ 0.0558, which equals about 5.58%. When rounded to two decimals, this is approximately 5.58%, which is very close to 5.57% and aligns with the standard definition of the unemployment rate. This option is consistent with the provided numbers, given typical rounding.

Option 4: 9.36%.
A rate of 9.36% would imply a much larger number of unemployed relative to the labor force (9.36% of 156.1 million is about 14.6 million), which is not consistent with the reported unemployed (8.7 million). This option overstates the unemployment rate based on the given data.

Overall, the correct interpretation hinges on using unemployment divided by labor force and then expressing as a percentage, which leads to a value near 5.58%. The options that yield values far from this, specifically 2.72%, 3.49%, and 9.36%, are not consistent with the reported numbers. The 5.57% choice corresponds most closely to the calculation results and standard rounding behavior.

类似问题

Unemployment is calculated based on the proportion of unemployed amongst the population.

A person who stops looking for work because they are discouraged is not counted in the official unemployment rate.

A person who stops looking for work because they are discouraged is not counted in the official unemployment rate.

Using the same table as in the previous question, the unemployment rate in 2015 was ______ percent. Round your answer to the nearest tenth of a percent.

Switzerland's unemployment rate is approximately 2.3% (2024). An economist would describe this as:

A person who stops looking for work because they are discouraged is not counted in the official unemployment rate.

更多留学生实用工具

智能学习助手

风格化写作助手

论文查重助手

文献引用助手

课堂转译助手

课堂笔记助手

Quiz搜索助手

学校历年真题

智能刷题助手

智能匹配练习

希望你的学习变得更简单