The unemployment rate is 14.4% based on the number of people that are employed and those who are unemployed in this town,
What is unemployment?
This is when a person, who is willing and able to work at prevailing wages, does not get any work.
The unemployment rate can be found by the formula:
= Employed people / (Unemployed + Employed people)
= (11,000) / (65,400 + 11,000)
= 11,000 / 76,400
= 14.4%
Therefore, the unemployment rate is 14.4%.
Learn more about unemployment here: https://brainly.com/question/27413958
#SPJ1
