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Author Question: If the labor force is 320,000 and the total population 16 years of age or older is 400,000, the ... (Read 130 times)

bobbie

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Question 1

If the unemployment rate is 6.2% and the number of people employed is 200,000, the labor force is approximately


◦ 210,970 people.
◦ 212,400 people
◦ 213,220 people.
◦ cannot be determined from this information.

Question 2

If the labor force is 320,000 and the total population 16 years of age or older is 400,000, the labor-force participation rate is


◦ 72%.
◦ 76%.
◦ 80%.
◦ 88%.


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Marked as best answer by bobbie on Apr 19, 2019

jessofishing

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bobbie

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Reply 2 on: Apr 19, 2019
Excellent


bassamabas

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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