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At the beginning of July 2017, in the economy of Sandy Island, 53,350 people were employed. During July 2017, 250 people quit the labour force,
At the beginning of July 2017, in the economy of Sandy Island, 53,350 people were employed. During July 2017, 250 people quit the labour force, 350 people lost their jobs and didn't look for new ones, 1220 unemployed people were hired, 200 people entered the labour force to look for work, and 100 people quit their jobs and retired. At the end of July 2017, 30,668 people were not in the labour force. The unemployment rate at the end of July 2017 was 10%. During August 2017, 160 people lost their jobs and didn't look for new ones, 130 people quit the labour force, 200 unemployed people were hired, 160 people quit their jobs and retired, and 48 people entered the labour force to look for work. (a) Calculate the employment rate at the end of July 2017. (b) Calculate the number of unemployed people at the end of August 2017 (c) Calculate the unemployment rate at the end of August 2017 (a) The employment rate at the end of July 2017 was percent. (b) At the end of August 2017, the number of people unemployed was (c) The unemployment rate at the end of August 2017 was percent O A. 7.5 O B. 9 OC. 9.5 OD. 8 O E. 8.5
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