In a certain country the labor force is 30 million and the unemployment rate is 5 percent. What is the amount of unemployed individuals in this country?

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1244617

2026-07-14 23:20

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To find the number of unemployed individuals, you can multiply the labor force by the unemployment rate. In this case, 5 percent of 30 million is calculated as follows: 30 million × 0.05 = 1.5 million. Therefore, there are 1.5 million unemployed individuals in this country.

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