In 1999, the U.S. population 16 years old or older was 207.8 million, the number employed was 133.5 million, the number unemployed was 5.9 million, and the labor force was 139.4 million. The labor- force participation rate in 1999 was _______%.

Question

Quizplus · Accepted Answer

The labor-force participation rate is the percentage of the population 16 years old or older that is in the labor force. Therefore, labor-force participation rate = (labor force/population 16 years old or older) x 100. Using the numbers given, we get (139.4/207.8) x 100 = 67.1%. Therefore, the correct answer is option C.