Question

In 2001, the number of unemployed people increased from 5.7 million to 8.3 million, while the labor force increased from 141.5 million to 142.3 million. By how much did the unemployment rate increase?

a) 1.8 percentage points

b) 2.6 percentage points

c) 3.25 percentage points

d) 5.8 percentage points

Question

In 2004, the number of people in the working-age population increased from 221.2 million to 223.4 million, while the labor force increased from 146.5 million to 147.4 million. By how much did the labor-force participation rate change?

a) 0.2 percentage point

b) 0.0 percentage point

c) 0.2 percentage point

d) 0.4 percentage point