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Create a drawing that illustrates how to calculate the unemployment rate.represent each component of the formula with an illustration,a label.and a definition.

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Answer:

Unemployment Rate is calculated using the formula given below Unemployment Rate = No. of Unemployed Persons / (No. of Employed Persons + No. of Unemployed Persons) Unemployment Rate = 90,000 / (1,150,000 + 90,000) Unemployment Rate = 7.26% Therefore, the Unemployment Rate in the Country stood at 7.26% as of December 31, 20XX.

Explanation:

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