$\begin{array}{lrrr}&1998&1999&2000\
\text { Population } & 85 & 95 & 110 \
\text { Employed } & 60 & 65 & 72 \
\text { Unemployed } & 5 & 8 & 13
\end{array}$
$\text { *all numbers are in millions }$

$\text { Table } 6.2$ Based on Table 6.2,what was the labor force participation rate in 2000?

Question

$\begin{array}{lrrr}&1998&1999&2000\
\text { Population } & 85 & 95 & 110 \
\text { Employed } & 60 & 65 & 72 \
\text { Unemployed } & 5 & 8 & 13
\end{array}$
$\text { *all numbers are in millions }$

$\text { Table } 6.2$ Based on Table 6.2,what was the labor force participation rate in 2000?

Quizplus · Accepted Answer

The labor force participation rate is the percentage of the population that is either employed or unemployed. In 2000, the population was 110 million, the number employed was 72 million, and the number unemployed was 13 million. So, the labor force participation rate was (72 + 13) / 110 * 100 = 77.27 percent.

*all numbers are in millions \text { *all numbers are in millions } *all numbers are in millions Table 6.2\text { Table } 6.2 Table 6.2

$\text { *all numbers are in millions }$ $\text { Table } 6.2$