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In January 2017, 7.635 million unemployed out of a 159.716 million labor force gave a rate of:

A3.0%
B10.0%
C4.8%
D6.2%
Answer & Solution
Correct answer: C. 4.8%
1. Divide 7.635 by 159.716. 2. That is about 0.048. 3. The rate was 4.8 percent. _Source: OpenStax Principles of Macroeconomics for AP Courses 2e, Chapter 7, Unemployment (CC BY 4.0)._
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