In the fictional economy of Zeta, the labor force consists of 200,000 individuals. After a recent survey, it was found that 10,000 people were unemployed but actively seeking work. Based on this information, what is the unemployment rate in Zeta, and how would you interpret this figure in terms of economic health?

To find the unemployment rate in Zeta, we divide the number of unemployed individuals by the total labor force and then multiply by 100 to get a percentage. Here, there are 10,000 unemployed people out of a labor force of 200,000. So, the calculation is (10,000 / 200,000) x 100, which equals 5%. This means that 5% of the labor force is currently unemployed but seeking work. A 5% unemployment rate can suggest that the economy is relatively healthy, as it is often considered normal for some level of unemployment to exist due to factors like job transitions or seasonal work.