If the Labour Force Is 100 Million, There Are 95

question 32

Multiple Choice

If the labour force is 100 million, there are 95 million people employed, there are 98 million jobs that employers want occupied, then the unemployment rate is:

• A)3%.
• B)5%.
• C)5.3%.
• D)none of the above.

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Definitions:

Pro Bono Services

Services provided for free, especially legal services offered to individuals or charitable organizations who are unable to pay.

Stress-Management Programs

Initiatives designed to help individuals cope with and reduce the negative effects of stress in the workplace and personal life.

Ethnocentrism

The belief in the inherent superiority of one's own ethnic group or culture, often accompanied by feelings of dislike for other groups.

Corporate Strategies

Corporate strategies are overarching plans that determine the direction of an entire organization, influencing its scope of operations and how it competes in the market.