Exhibit 12-2 Unemployment Categories Find the BLS's Rate of Unemployment from the Following Data

question 61

Multiple Choice

Exhibit 12-2 Unemployment categories $$\begin{array} { | l | c | } \hline \text { Category } & \begin{array} { c } \text { \# of } \\\text { Individuals }\end{array} \\\hline \text { Frictional unemployment } & 20 \\\text { Structural unemployment } & 35 \\\text { Cyclical unemployment } & 60 \\\text { Discouraged workers } & 5 \\\text { Underemployed workers } & 10 \\\text { Fully employed workers } & 410 \\\text { Population } & 900 \\\hline\end{array}$$ Find the BLS's rate of unemployment from the following data: frictional unemployment = 150, structural unemployment = 200, cyclical unemployment = 225, discouraged workers = 25, underemployed workers = 75, fully employed workers = 850, total population = 2,000.

• A) 17.5 percent
• B) 23.3 percent
• C) 38.3 percent
• D) 39.3 percent