Given a total population of 5,000 residents and a labor force of 4,000 residents, 3,500 of which are employed, what is the unemployment rate?(1 point)
Responses
70%
70 percent
87.5%
87.5 percent
10%
10 percent
12.5%
Responses
70%
70 percent
87.5%
87.5 percent
10%
10 percent
12.5%