Welcome to Nellyville! The table below contains statistics you can use to calculate the various labor market definitions discussed in class. Assume that full-time students, homemakers, retirees, and those who are too disabled to work are not looking for a job. Also, assume that nobody in Nellyville is institutionalized. Table 2-1

Population (of which 1/2 are 16 and older)	10,000
Full-time Students	200
Retired	200
Currently Working	2500
Called in Sick	300
Full-time homemakers (stay at home moms and dads)	100
Currently on Vacation	200
Others Not Working (100 are too disabled to work and 400 quit looking for work months ago. The other 1000 are actively seeking employment.)	1500

Calculate the Unemployment Rate in Nellyville

Group of answer choices

10%

15%

20%

25%