Answer:
The unemployment rate would be 5.5%.
Step-by-step explanation:
It is given that,
The Canadian labor force as of 2019 was 32.7 million.
There were 30.9 million employed
We need to find the unemployment rate.
Unemployed = labor force - employed
= 32.7 - 30.9
= 1.8 million
[tex]\text{unemployment rate}=\dfrac{\text{unemployed}}{\text{labor force}}\times 100\\\\=\dfrac{1.8}{32.7}\times 100\\\\=5.5\%[/tex]
So, the unemployment rate would be 5.5%.
