QUESTION IMAGE
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.
- how big was the civilian labor force in november 2018?
- what percentage of the civilian non - institutional population was employed in november
2018?
- what percentage of the civilian non - institutional population was participating in the labor
force in november 2018?
- the unemployment rate is a percentage of what group?
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: $\frac{158795}{258708}\times100\%$.
$$\frac{158795}{258708}\times100\%=\frac{15879500}{258708}\% \approx 61.4\%$$
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Approximately $61.4\%$