In April 2020, at the trough of the Covid-19 recession, the Bureau of Labor Statistics announced that
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In April 2020, at the trough of the Covid-19 recession, the Bureau of Labor Statistics announced that of all adult Americans, 133,320,000 were employed, 23,038,000 were unemployed, and 103,538,000 were not in the labor force. Use this information to calculate:
a. The adult population.
b. The labor force.
c. The labor-force participation rate.
d. The unemployment rate.
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a The adult population consisted of the number of employ...View the full answer
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