Based on the number of people that are employed and those who are unemployed in this town, the unemployment rate is 14.4%.
What is the unemployment rate?
The unemployment rate can be found by the formula:
= Employed people / (Unemployed + Employed people)
Solving gives:
= (11,000) / (65,400 + 11,000)
= 11,000 / 76,400
= 14.4%
In conclusion, the rate is 14.4%.
Find out more on the unemployment rate at https://brainly.com/question/13280244.
