Ans:
Labor force = employed workers + unemployed workers
Unemployed workers = 600
Employed workers = Labor force - Unemployed workers
= 10,000 - 600
= 9,400
Employed workers at the end of the year = 9,400 - 200 - 100 + 830
= 9,930
Unemployed workers at the end of the year = 600 + 200 + 500 - 830 - 300
= 170
1) Labor force at the end of the year = 9,930 + 170
= 10,100 workers
2) Unemployment rate = unemployed / labor force
= 170 / 10,100
= 1.7%
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