Suppose the total population of an economy is 150 million,the labor force is 100 million,and the unemployment is 94 million.The unemployment rate is _____.

A) 6 percent
B) 80 percent
C) 94 percent
D) 10 percent
E) 15 percent

Unemployment Rate

The rate of joblessness among individuals in the labor force who are earnestly seeking employment.

Labor Force

The total number of people who are employed and those unemployed but seeking work in an economy.

Total Population

The complete count of all individuals within a specified area or country at a given time.