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Question about Labor force participation rate

The Bureau of Labor Statistics reported that in January 2000 the total labor force was 140,910,000 of a possible 208,782,000 working-age adults. The total number of unemployed was 5,689,000. From this information, calculate the following:

a. Labor force participation rate

b. Unemployment rate

c. Employment rate

 

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M9211633

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