Economics. Macroeconomics - consumer Spending and Consumer Price Index Assume that, in a population, 95 million people worked for pay last month, 5 million people did not work for pay but had not been seeking a job, 5 million people did not work for pay and had not been seeking a job for the past several months, and 45 million were under age 16. Given these numbers, the unemployment rate is A 5% B 8% C 10% D 20%