Ellen is downloading labor market data for the most recent month, but her connection is slow and so far this is all she has been able to get:

Find the labor force, the working-age population, the number of employed workers, and the number of unemployed workers.

Transcribed Image Text:

Unemployment rate Participation rate 5.0% 62.5% Not in the labor force 60 million Unemployment rate Participation rate 5.0% 62.5% Not in the labor force 60 million

Answer rating: 100% (QA)

The Labor force is the sum of the total number of unemployed and employed labor The formula for labo... View the full answer