Refer to Table 7.1 to answer the following two questions.

Table 7.1: Employment Status for the United States (in millions)

Jan.
2024

Jan.
2025

Civilian non-institutionalized population
268,540
270,685
Unemployed
7,124
4,849
Employed
157,560
163,895
Not in labor force
103,856
101,941

Based on the data from Table 7.1, the unemployment rate in January 2025 is ______ percent.

Round your answer to the nearest tenth of a percent.

Question

Refer to Table 7.1 to answer the following two questions.

Table 7.1: Employment Status for the United States (in millions)

Jan.
2024
	
Jan. 
2025

Civilian non-institutionalized population	
268,540
	270,685
Unemployed	
7,124
	4,849
Employed	
157,560
	163,895
Not in labor force	
103,856
	101,941

Based on the data from Table 7.1, the unemployment rate in January 2025 is ______ percent.

Round your answer to the nearest tenth of a percent.

BlackTom AI · Accepted Answer

Unemployment rate equals (unemployed ÷ labor force) × 100, so start by identifying the labor force and then compute the percentage.

1) Relevant knowledge points and concepts
- Labor force = employed + unemployed (or alternatively: civilian population − not in labor force).
- Unemployment rate = (number unemployed / labor force) × 100.
- Round the final percent to the nearest tenth.

2) Step-by-step reasoning
- From Table 7.1 (Jan. 2025): Employed = 163,895; Unemployed = 4,849; Not in labor force = 101,941; Civilian population = 270,685.
- Compute labor force using employed + unemployed:
  Labor force = 163,895 + 4,849.

3) Calculations (all intermediate steps shown)
- Labor force = 163,895 + 4,849 = 168,744.
- Unemployment rate (decimal) = 4,849 ÷ 168,744 ≈ 0.02874... .
- Convert to percent: 0.02874 × 100 = 2.874...%.
- Round to the nearest tenth of a percent: 2.874% → 2.9%.

(As a consistency check, computing labor force from population minus not-in-labor-force gives 270,685 − 101,941 = 168,744, the same labor force.)

4) Why the correct answer is correct
The formula directly measures the share of the labor force who are unemployed. Using the provided unemployed and employed counts yields a labor force of 168,744 and an unemployment fraction of 4,849/168,744, which equals about 2.874%; rounding to one decimal place gives 2.9%.

5) Why other possible approaches would be incorrect
- Dividing unemployed by the total civilian population (4,849 ÷ 270,685 ≈ 1.8%) would understate unemployment because it uses the entire population rather than the labor force.
- Dividing unemployed by employed (4,849 ÷ 163,895 ≈ 3.0%) is not the unemployment rate formula and gives a misleading ratio of unemployed to employed.
- Any failure to include both employed and unemployed when forming the labor force will produce an incorrect denominator and therefore an incorrect rate.

6) Conclusion
Using the correct formula and the table values yields an unemployment rate of 2.9%, which matches the provided answer.

类似问题

Table 1: Population, labour force and employment data for Country Y [table] Working age population | 29,500,000 Labour force | 18,650,000 Unemployed people | 1,800,000 [/table] According to Table 1, what is the unemployment rate in Country Y?

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In that same steady-state, the unemployment rate is _________ percent. Round your answer to the nearest tenth of a percent.

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Question at position 12 at the peakon the potential linein contractionin expansionat the trough

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