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Unemployment number off?

Topics: Problems: Unemployment number off?


Sunday, April 15, 2012 - 06:21 pm Click here to edit this post
How are the Unemployment number being calculated?
I have a country with a total Population of 88,003994 of that 43,553,903 are Employed (49.49%) and I have 433,870 unemployed (1%) yet my ratings in the game show 3.5%.


Sunday, April 15, 2012 - 08:24 pm Click here to edit this post
The unemployment percentage is calculated as 100 - employed percentage.

employment is calculated as the number of employed, divided by the number of employed + unemployed.

There is a slight deviation when the employment is high and there is a delay in the calculation that may deliver slightly different numbers but prevents big jumps that are unrealistic.
new corporations never hire 200.000 people in a single month so it is smoothed.

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