Solved

In 2007,the Number of Working-Age Adults Was 240 Million,the Labor

Question 27

Essay

In 2007,the number of working-age adults was 240 million,the labor force was 160 million,and the total number of employed was 150 million.Calculate the following:
(a)Labor force participation rate
(b)Unemployment rate.
(c)Employment rate.

Correct Answer:

verifed

Verified

(a)Labor force participation rate = (Lab...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents