Suppose There Are 100 Million in the Labor Force, and 6

question 376

Multiple Choice

Suppose there are 100 million in the labor force, and 6 million unemployed people. During the next month, 200,000 people lose their jobs and 300,000 find jobs. The new total of employed is ________ and the new unemployment rate is ________.

• A) 100.1 million; 5.8 percent
• B) 100 million; 6.1 percent
• C) 94.1 million; 5.9 percent
• D) 93.9 million; 6.1 percent