Homework Answers
Answer = 89.3%.
People who are in working age and are employed or are actively seeking employment come under labor force participation rate.
32 million people are not available for work. So, they are not taken into consideration.
So, 168 million people are part of labor force and 150 million are employed or looking for jobs.
So, labor force participation rate is
(150 million/168 million)*100 = 89.28~ 89.3.
Therefore, the labor force participation rate is 89.3%.
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