What is the unemployment rate in Brooklyn, New York?
The unemployment rate is the amount of workers looking for work who currently are not working. If you are not working and are not actively looking for employment, for example you are retired, you are not included in the unemployment number.
Answer and Explanation:
4.3% as of March 2019 for Kings County, NY (Brooklyn)
Unemployment Rate = Number of Unemployed Individuals / Labor Force
To determine the number of...
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Learn more about this topic:
from College Macroeconomics: Tutoring SolutionChapter 6 / Lesson 7