Calculate the unemployment ratethe size of the labor force

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Calculate the Unemployment Rate

The size of the labor force in a community is 1,000, and 850 of these folks are gainfully employed. In this community, 50 people over the age of 16 do not have a job, and are not looking for work. In addition, 80 people in the community are under the age of 16. Evaluate the unemployment rate

Reference no: EM13369424

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