Unemployment rate is calculated by dividing the number of unemployed persons by the number of persons in the labor force and multiplying that figure by 100.
This refers to the percentage of the total labor force in a geographical area that is without paid work in a given time period.
Hence, your question is incomplete as it does not include the chart, so a general overview is given to help you better understand the concept.
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Answer:
California
Unemployment rate for the last reported month 4.2
Explanation: Companies in the state created 19,900 non-farm payroll positions in June 2022, lowering the unemployment rate to 4.2 percent.
Unemployment rate for the month before the most recent month 4.3
Explanation: Due to businesses in the state adding 42,900 non-farm payroll jobs, California's unemployment rate dropped to 4.3 percent in May 2022.
Change in the unemployment rate from one month to the next 0.1
Explanation: Non-farm payrolls have increased significantly.
Number employed in the most recent month 18,544.5
Explanation: More jobs were made available.
Number employed in the month before the most recent month 18,469.5
Explanation: Non-farm payroll jobs had not been added yet.
Number of jobs gained or lost between these two months 75
Explanation: More people in California were able to be employed due to the increased amount of new jobs.
put it in your own words dawg so you don't get kicked out
