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The-unemployment-rate-among-workers-under-25-in-a-state-went-from-8-2-to-7-5-in-one-year-Assume-an-average-of-1340200-workers-and-estimate-the-decrease-in-the-number-unemployed-




Question Number 16271 by aalieff last updated on 20/Jun/17
The unemployment rate among workers  under 25 in a state went from 8.2%  to 7.5% in one year. Assume an average  of 1340200 workers and estimate  the decrease in the number unemployed.
$${The}\:{unemployment}\:{rate}\:{among}\:{workers} \\ $$$${under}\:\mathrm{25}\:{in}\:{a}\:{state}\:{went}\:{from}\:\mathrm{8}.\mathrm{2\%} \\ $$$${to}\:\mathrm{7}.\mathrm{5\%}\:{in}\:{one}\:{year}.\:{Assume}\:{an}\:{average} \\ $$$${of}\:\mathrm{1340200}\:{workers}\:{and}\:{estimate} \\ $$$${the}\:{decrease}\:{in}\:{the}\:{number}\:{unemployed}. \\ $$
Answered by mrW1 last updated on 20/Jun/17
1340200×((8.2−7.5)/(100))≈9481
$$\mathrm{1340200}×\frac{\mathrm{8}.\mathrm{2}−\mathrm{7}.\mathrm{5}}{\mathrm{100}}\approx\mathrm{9481} \\ $$

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