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An employment report for February 2017 from the U.S. Bureau of Labor Statistics has the following data: Civilian noninstitutional population:254,246,000 254,246,000 Labor force:159,854,000 159,854,000 Employed:152,417,000
An employment report for February 2017 from the U.S. Bureau of Labor Statistics has the following data:
- Civilian noninstitutional population:254,246,000
- 254,246,000
- Labor force:159,854,000
- 159,854,000
- Employed:152,417,000
- 152,417,000
- Not in the labor force:94,392,000
- 94,392,000
Based on this data, what was the unemployment rate in February 2017? Convert your answer to a percentage and round it to two decimal places if necessary
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