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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.
Theunemploymentrateamongworkersunder25inastatewentfrom8.2%to7.5%inoneyear.Assumeanaverageof1340200workersandestimatethedecreaseinthenumberunemployed.
Answered by mrW1 last updated on 20/Jun/17
1340200×((8.2−7.5)/(100))≈9481
1340200×8.27.51009481

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