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Suppose that the labor force in a region is 19,040. Of those, 2,000 are unemployed and actively sought out work during the last 4 weeks.
Suppose that the labor force in a region is 19,040. Of those, 2,000 are unemployed and actively sought out work during the last 4 weeks. The unemployment rate would be __________.
A. .105
B. 1.05%
C. 105%
D. 9.52%
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