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The Bureau of Labor Statistics reported that in 2008 the total labor force was 154,287 thousand of a possible 233,788 thousand working-age adults....
The Bureau of Labor Statistics reported that in 2008 the total labor force was 154,287 thousand of a possible 233,788 thousand working-age adults. The total number of unemployed was 8,924 thousand. From this information, calculate the following:
a. Labor force participation rate. Instructions: Round your answer to 1 decimal place. percent.b. Unemployment rate. Instructions: Round your answer to 1 decimal place. percent.c. Employment-population ratio. Instructions: Round your answer to 1 decimal place. percent.
