Here are some data for the U.S. economy for January 2014: 246.9 million Individuals 16 years
Question:
• 246.9 million Individuals 16 years of age and older
• 145.2 million employed
• 10.3 million unemployed
Calculate the labor force, the labor force participation rate, and the unemployment rate for the U.S. economy.
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Related Book For
Macroeconomics Principles Applications and Tools
ISBN: 978-0134420684
9th edition
Authors: Arthur O'Sullivan, Steven Sheffrin, Stephen Perez
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