Economics 0455 · IGCSE · Employment and unemployment

Employment and unemployment — practice question

The table gives details of a country’s labour market. Population size: $2\,000\,000$ Labour force size: $1\,200\,000$ Number of employed: $900\,000$ Number of full-time students: $100\,000$ What is the unemployment rate in this country?

  • A$15\%$
  • B$25\%$
  • C$50\%$
  • D$75\%$

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