The city of Fairyland has a labour force of 5000. 50 people lose their jobs each month and remain unemployed for exactly 1 month before finding jobs. On Jan- uary 1 and July 1 of each year, 200 people lose their jobs for a period of 6 months before finding new jobs. What is the unemployment rate in any given month? (A) 1% (B) 3% (C) 4% (D) 5%

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