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QUESTION

a)In Tommynation the current unemployment rate is recorded as 5.Further, the number of people in the labour force is known to be 269,475.Use this...

a)   In Tommynation the current unemployment rate is recorded as 5.2%. Further, the number of people in the labour force is known to be 269,475. Use this information to find the following.

                        i.        Calculate the number of people unemployed.

The working age population is 365,547. Calculate the labour force participation rate.   

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