In March 2007, the U.S. unemployment rate was 4.4 percent. In August 2008, the unemployment rate was 6.1 percent. Predict what happened to unemployment between March 2007 and August 2008, if the labor force was constant. If the labor force remained constant between March 2007 and August 2008, then the number unemployed _______.

In March 2007, the unemployment rate was 4.4 percent. In August 2008 was 6.1 percent. We need to remember that the unemployment rate equals the number of unemployed people divided by the people in the labor force.

Now, if we consider that the labor force remained constant during this period of time (according to the problem) then this would mean that the number of unemployed people actually increased during this period of 17 months.

jainveenamrata jainveenamrata · Answer 2 · 2022-03-02T06:48:47+01:00

The unemployment rate is increased by 1.7% at a constant rate of 0.1% per month.

What is the percentage?

The amount of something is expressed as if it is a part of the total which is a hundred. The ratio can be expressed as a fraction of 100. The word percent means per 100. It is represented by the symbol ‘%’.

In March 2007, the U.S. unemployment rate was 4.4 percent.

In August 2008, the unemployment rate was 6.1 percent.

The growth of unemployment in percentage will be

6.1% - 4.4% = 1.7%

The growth of unemployment in percentage is 1.7% in 17 months.

Then we can conclude that the unemployment rate is increased by 1.7% at a constant rate of 0.1% per month.

More about the percentage link is given below.

https://brainly.com/question/8011401