(Answered) The small town of east macneil has 1000residents age 16 or

Economics

The small town of East MacNeil has 1000residents age 16 or older. During the survey week, 200 adult residents did not work-20 workers were home sick from their jobs, 10 shopkeepers were unable to open their stores due to bad weather, 50 were actively seeking work, 25 others had previously given up actively looking, and the others were either full-time students or home-makers. Of the 800 at work, 80 worked part-time but would have preferred full-time work.

Determine the size of the labor force and the official unemployment rate in East MacNeil.

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