Table: Population Data for Estill County Demographie Group Employed Unemployed a
ID: 1161775 • Letter: T
Question
Table: Population Data for Estill County Demographie Group Employed Unemployed and looking for work Not working due to disability Not working dhue to retirement Unemployed and not looking for work due to discouragement over job prospects Under the age of 16 Total Population Reference: Ref 8-5 Number of Residents 5,000 1,000 500 2,000 9,400 (Table: Population Data for Estill County) Look at the table Population Data for Estill County. If marginally attached workers are included in the labor force and in the unemployment rate, the unemployment rate in this economy IS: 10.6%. O 15.4%. 23.1%. O 33.2%.Explanation / Answer
If marginally attached workers are included in the labor force which implies that discouraged workers also included , then Labor force = (5000 + 1000 + 500) = 6500
Unemployed = 1000 + 500 = 1500
Unemployment rate = (Unemployed/ labor force ) 100
= (1500/6500) 100
= 23.07% = 23.1%
Hence, option (C) is correct.
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