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QUESTION
Use the following data to answer the question below.
Use the following data to answer the question below.
Working Age Population 250 million
Labor Force 190 million
Employed 175 million
a)what is the number of people not working who are currently seeking employment?
b) Calculate the unemployment rate with the data given above. Round the percent to te nearest tenth.
c) Calculate the labor participation rate with the data given above. Round the percent to the nearest tenth.
