In a country with a working-age population of 150 million, 120 million workers are employed and 10 million workers are unemployed. What is the size of the labor force?
A) 150 million
B) 130 million
C) 120 million
D) 10 million

Question

Quizplus · Accepted Answer

The labor force includes both employed and unemployed individuals who are actively seeking work. Therefore, the size of the labor force is the sum of employed and unemployed workers, which is 120 million + 10 million = 130 million.

In a Country with a Working-Age Population of 150 Million