The unemployment rate in country y is 6 percent, and the labor force is equals about 200 million people, the 6 percent of unemployed workers in country y is option C John, who is taking a year off to travel after college.
Unemployment refers to a situation wherein someone actively searches for employment however is unable to find work. Unemployment is taken into consideration to be a key measure of the fitness of the economy. The most often used degree of unemployment is the unemployment rate.
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Scenario: The unemployment rate in Country Y is 6 percent, and the labor force is equals about 200 million people.
6) Refer to the scenario above. Who is considered part of the 6 percent of unemployed workers in Country Y?
A) Amanda, who works 20 hours per week at a coffee shop but wants to work full time
B) Peter, an engineer who became a stay-at-home husband after his start-up company went bankrupt, but he wants to find a new engineering job
C) John, who is taking a year off to travel after college
D) All of the above
Hence, the answer is option C.
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