Question 1
If the unemployment rate is 6.1% and the number of people employed is 400,000, the labor force is approximately
◦ 402,500 people.
◦ 426,000 people.
◦ 431,000 people.
◦ 464,500 people.
Question 2
If the labor force is 575,000 and the total population 16 years of age or older is 650,000, the labor-force participation rate is
◦ 65.0%.
◦ 75.0%.
◦ 88.5%.
◦ 92.5%.