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section 4.4 data tables with percentages objective 1 - interpret percen…

Question

section 4.4 data tables with percentages
objective 1 - interpret percentage points
objective 2 - use two - way tables
objective 1 - interpret percentage points
guided practice activity #8 - the employment situation november 2018
the bureau of labor statistics publishes a monthly employment situation report. for november
2018⁴ we have the following data:
summary table a. household data, seasonally adjusted
numbers in thousands

ok first some questions to see if we understand the table.

  1. how big was the civilian labor force in november 2018?
  2. what percentage of the civilian non - institutional population was employed in november

2018?

  1. what percentage of the civilian non - institutional population was participating in the labor

force in november 2018?

  1. the unemployment rate is a percentage of what group?

Explanation:

Step1: Identify the formula for percentage

The formula for percentage is $\frac{\text{Part}}{\text{Whole}}\times100\%$.

Step2: Find the values for part and whole

From the table, the number of employed in November 2018 is $158795$ (in thousands) and the civilian non - institutional population in November 2018 is $258708$ (in thousands).

Step3: Calculate the percentage

Substitute the values into the formula: $\frac{158795}{258708}\times100\%$.
$$\frac{158795}{258708}\times100\%=\frac{15879500}{258708}\% \approx 61.4\%$$

Answer:

Approximately $61.4\%$