Question:

Computation of the country's unemployment rate .?

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given the total population and the general details of a country. not status wise. ie.not USP, CDS etc

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  1. Currency United States Dollar (USD)

    Fiscal year 1 October - 30 September

    Trade organizations NAFTA, WTO, OECD and others

    Statistics

    GDP (PPP) $13.84 trillion (2007 est.) (1st)

    GDP growth 2.4% (2007 est.)

    GDP per capita $46,000 (2007 est.)

    GDP by sector agriculture (0.9%), industry (20.6%), services (78.5%)

    Inflation (CPI) 5.6%(Jun 2007 to Jun 2008) [1]

    Population

    below poverty line 5.0% (2006 est.)

    Labor force 154.5 million (includes unemployed) (May 2008)[2]

    Labor force

    by occupation managerial and professional (35.5%), technical, sales and administrative support (24.8%), services (16.5%), manufacturing, mining, transportation, and crafts (24%), farming, forestry, and fishing (0.6%) (excludes unemployed) (2007)

    Unemployment 4.2% (July 2008)[1]

    Main industries petroleum, steel, motor vehicles, aerospace, telecommunications, chemicals, electronics, food processing, consumer goods, lumber, mining, defense

    External

    Exports $1.314 trillion f.o.b. (July 2008 est.)

    Export goods agricultural products (soybeans, fruit, corn) 9%, industrial supplies (organic chemicals) 27%, capital goods (transistors, aircraft, motor vehicle parts, computers, telecommunications equipment) 49%, consumer goods (automobiles, medicines) 15% (2003)

    Main export partners Canada 21%, Mexico 12%, China 6%, Japan 5%, United Kingdom 4%, Germany 4%

    Imports $2.13 trillion f.o.b. (2007 est.)

    Import goods agricultural products 5%, industrial supplies 33% (crude oil 8%), capital goods 30% (computers, telecommunications equipment, motor vehicle parts, office machines, electric power machinery), consumer goods 32% (automobiles, clothing, medicines, furniture, toys) (2003)

    Main import partners China 17%, Canada 16%, Mexico 11%, Japan 7%, Germany 5%

    Gross External Debt $12.25 trillion (30 June 2007)

    Public finances

    Public debt $9 trillion (2007)

    Revenues $2.568 trillion (2007)

    Expenses $2.731 trillion (2007)

    Economic aid ODA $19 billion, 0.2% of GDP (2004) [3]

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