To calculate the labor force participation rate,you only need to know the
A) number of employed and unemployed.
B) number of employed and the relevant adult population.
C) unemployment rate.
D) number of employed and unemployed and the relevant adult population.
E) number of employed and the labor force.

Question

Quizplus · Accepted Answer

The labor force participation rate is calculated by dividing the labor force (which includes both the employed and unemployed) by the relevant adult population and then multiplying by 100 to get a percentage.

To Calculate the Labor Force Participation Rate,you Only Need to Know