In a recent year we have the following employment data: Civilian noninstitutional population = 2 3 9
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Question:
In a recent year we have the following employment data:
Civilian noninstitutional population
Unemployed
Civilian labor force
Not in labor force
Employed
Using the information above, answer these two questions:
a What is the unemployment rate based on the above data?
b What is the labor force participation rate for the above data?
Write your answer as:
A The unemployment rate was approximately and the labor force participation rate was
B The unemployment rate was approximately and the labor force participation rate was
C The unemployment rate was approximately and the labor force participation rate was
D The unemployment rate was approximately and the labor force participation rate was
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: