In a city of 100,000 people, 65,000 are in the labor force and 5,000 are unemployed. What is the unemployment rate?

The unemployment rate is the number of unemployed people divided by the labor force, multiplied by 100. Here, 5,000 ÷ 65,000 × 100 ≈ 7.7%. The correct choice is 7.7 percent.

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