(Answered) In 2007 based on concepts similar to those used to estimate

Management Studies

In 2007, based on concepts similar to those used to estimate U.S. employment figures, the Japanese adult noninstitutionalized population was 26.022 million, the labor force was 17 million, and the number of people employed was 14.5 million. According to these numbers what was the Japanese labor-force participation rate and unemployment rate? Round the rates to 2 decimals.

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