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Calculate the unemployment rate with the unemployed data

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Reference no: EM132643854

Question 1: Since 1950, in which year was the unemployment rate 0%?

a. 1953.

b. 1969.

c. 1994.

d. a and b only.

e. It's never been at 0%.

Question 2: Calculate the unemployment rate with the following data: Unemployed: 10 million, US Population: 200 million, Employed: 90 million

a. 3%. b. 5%. c. 8%. d. 10%.

Reference no: EM132643854

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