Ten thousand people in oakville (population 100,000) do not have jobs. an economist would say that oakville has a(n) of 10 percent.
labor force
unemployment rate

The correct answer is: "unemployment rate"

The unemployment rate is a ratio calculated by dividing the total amount of people who do not have a job (but are actively looking for one) between the total (working-age) population.

In Oakville, if the division detailed above is performed: (10,000/100,000)*100= 0.1*100= 10%, the result obtained shows that in this country the 10% of the population is unemployed.

in the declaration of independence, thomas jefferson announced that every human being has “certain unalienable rights,” among which are those to “life, liberty, and the pursuit of " hope i

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