In college economics, Frank, is studying labor statistics. Help Frank determine the labor force participation rate...
In college economics, Frank, is studying labor statistics. Help Frank determine the labor force participation rate of his assigned country with 15 million adult working-age people and 7 million people in the labor force. (round your answer to the nearest 10th)
Homework Answers
Labour force participation: ( Labour force) / Adult working-age people
Labour force: 7 Million,
Adult working age people: 15 Million
Labor force participation : 7/15
= 46 %.
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In college economics, Frank, is studying labor statistics. Help
Frank determine the labor force participation rate...
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If there are 56 million unemployed and 200 million employed people in Country N, what is the labor force participation rate if Country N's total adult working-age population is 389 million people? (round your answer to the nearest 10th) Sorry, that's incorrect. Try again? labor force participation rate = 51.4%
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need some help completing this exercise on unemployment and
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If there are 56 million unemployed and 200 million employed people in Country N, what is the labor force participation rate if Country N's total adult working-age population is 389 million people? (round your answer to the nearest 10th) Sorry, that's incorrect. Try again? labor force participation rate = 51.4%
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need some help completing this exercise on unemployment and
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