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The number of a country's unemployed workers decreased from 3.4 million to 5.5 million last yr. If the country population remained constant at 76 million, How did it's unemployment rate change last yr?

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Riia

In this question , it is given that the number of a country's unemployed workers decreased from 3.4 million to 5.5 million last year.

First we have to find the percentage of unemployers, that is

[tex] \frac{3.4}{76}*100 , \frac{5.5}{76}*100
\\
= 4.47 % , 7.24% [/tex]

So the percentage of unemployers change at a rate of

[tex] = 7.24 -4.47= 2.77% [/tex]

domoignacio

APEX confirmed

Answer: It inceased by about 3%

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