1. (6 points) What was the Civilian Labor Force in October 2023? What was the unemployment rate in October 2023? How many people not now in the labor force would have to enter the labor force (without finding work immediately) to cause the unemployment rate to rise to 5.0%? Explain how you obtain your answer.

2. (6 points) What was the value of payroll employment in February 2020 (before the pandemic)? In what subsequent month did it regain that level?.

Answer rating: 100% (QA)

Civilian Labor Force and Unemployment Rate in October 2023 As of October 2023 the Civilian Noninstit... View the full answer