The following table shows the annual average data on the employment status of th
ID: 1115363 • Letter: T
Question
The following table shows the annual average data on the employment status of the U.S. aivilian noninstitutional population by age in 2014 Employed Not in Labor Force (Thousands of People) (Thousands of People) Thousands of People) Age 16 to 19 years 20 to 24 years 25 to 54 years 55 to 64 years 65 years and over Total 4,548 13,894 95,497 24,395 7,971 146,305 1,106 1,747 5,270 1,107 387 10,979 6,438 23,744 14,262 36,602 92,025 Source: "Labor Force Statistics from the Current Population Survey. Bureau of Labor Statistic What is the national unemployment rate? 3.9% 6.2% 10.5% 59.0%Explanation / Answer
Ans)
National unemployment rate=6.2%
65 years and over
Explanation:
Age Unemployment rate=Unemployed /(Employed+Unemployed) 16-19 19.56137248 20-24 11.16936257 25-54 5.229886768 55-64 4.340836013 65 years and over 4.630294329Related Questions
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