In a small town of 100 people, there are 10 children under 16, 10 retired people, 60 people with full-time jobs, 3 people with part-time jobs, 3 full-time students over 16, and 4 full-time homemakers. The remaining people did not have jobs, but wanted jobs. What is the unemployment rate in this town?

Unemployment rate in the town is %

Explanation:

rate of unemployed can be determined by using the below given relation

unemployment rate  

where E signifies employed people and U signifies unemployed people.

Unemployed people number is equal to

Total number of employed people is equal to

Substituting the given values in above equation, we get -

Unemployment rate in the town is %

answer; i believe the correct answer is (form utility); good luck

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explanation: