In June 2009, at the trough of the Great Recession, the Bureau of Labor Statistics announced that
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In June 2009, at the trough of the Great Recession, the Bureau of Labor Statistics announced that of all adult Americans, 140,196,000 were employed, 14,729,000 were unemployed, and 80,729,000 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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