The Town of Maple has a population of 3,000. 2,000 are 15 years of age or older. 1,500 of these people are either working or looking for work. 75 of the 1,500 people are looking for work. What is the participation rate?

a) 50.00%d) 71.25%c) 75.00%d) 82.75%

1. The Town of Maple has a population of 3,000. 2,000 are 15 years of age or older. 1,500 of these people are either working or looking for work. 75 of the 1,500 people are looking for work. What is the unemployment rate?
2. a) 2.50%b) 3.75%c) 4.25%d) 5.00%