The table above gives population and employment numbers for a hypothetical country. What is the unemployment rate in this country? Round your answer to the nearest whole percent if necessary. (1 point)
In order to calculate the unemployment rate, we need to determine the number of unemployed individuals in the country.
We can calculate this by subtracting the number of employed individuals from the total population:
Number of unemployed = Total population - Employed population.
Number of unemployed = 100,000 - 85,000 = 15,000.
To calculate the unemployment rate, we divide the number of unemployed individuals by the total population and multiply by 100:
Unemployment rate = (Number of unemployed / Total population) x 100.
Unemployment rate = (15,000 / 100,000) x 100 ≈ 15%.
Therefore, the unemployment rate in this country is approximately 15%.