Question: Table 1.19 shows the total US labor force, L. Find the average rate of change between 1940 and 2000; between 1940 and 1960; between 1980

Table 1.19 shows the total US labor force, L. Find the average rate of change between 1940 and 2000; between 1940 and 1960; between 1980 and 2000. Give units and interpret your answers in terms of the labor force.

Table 1.19 US labor force, in thousands of workers

Year 1940 1960 1980 2000 L 47,520 65,778 99,303 136,891

Year 1940 1960 1980 2000 L 47,520 65,778 99,303 136,891

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