a Fill in the missing data for the number of unemployed acto

a. Fill in the missing data for the number of unemployed actors and the unemployment rate.

b. How many percentage points did the unemployment rate for actors rise between 2007 and the fourth quarter of 2008?

(a) There is no missing data. But the Formula for Unemployment Rate is as follows (if you require it):

Unemployment Rate = Number of Unemployed / Labor Force

(b) Increase in Unemployment Rate between 2007 & Q4, 2008 = (44.7 - 24.3)% / 24.3% = 20.4% / 24.3%

= 0.8395, or 83.95%

Note: Absolute increase in unemployment rate = (44.7 - 24.3)% = 20.4%