Unemployment rate practice problems

Macroeconomics Unit 2. Try each one, then open the worked solution. The Credit Sprint app generates unlimited new versions with fresh numbers.

Problem 1.

120 million people are employed and 13 million are unemployed. What is the unemployment rate?

Show solution

Labor force = 120 + 13 = 133M. 13 ÷ 133 = 9.77%.

Problem 2.

80 million people are employed and 16 million are unemployed. What is the unemployment rate?

Show solution

Labor force = 80 + 16 = 96M. 16 ÷ 96 = 16.67%.

Problem 3.

120 million people are employed and 17 million are unemployed. What is the unemployment rate?

Show solution

Labor force = 120 + 17 = 137M. 17 ÷ 137 = 12.41%.

Problem 4.

110 million people are employed and 6 million are unemployed. What is the unemployment rate?

Show solution

Labor force = 110 + 6 = 116M. 6 ÷ 116 = 5.17%.

Problem 5.

135 million people are employed and 8 million are unemployed. What is the unemployment rate?

Show solution

Labor force = 135 + 8 = 143M. 8 ÷ 143 = 5.59%.

Problem 6.

90 million people are employed and 13 million are unemployed. What is the unemployment rate?

Show solution

Labor force = 90 + 13 = 103M. 13 ÷ 103 = 12.62%.