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QUESTION
Unemployment Exercises Calculate labor force, unemployment rate, and labor force participation given the following information. # employed:3 million...
Unemployment Exercises
Calculate labor force, unemployment rate, and labor force participation given the following information.
# employed: 146.3 million
# unemployed: 6.7 million
Not in labor force: 78.1 million
Labor Force:
Unemployment Rate:
Labor Force Participation:
