Question: Attached below is the question The table below shows some labor market data for the US economy in February 2020 and September 2020. Feb. Sept.

Attached below is the question

Attached below is the question The table below shows some labor market

The table below shows some labor market data for the US economy in February 2020 and September 2020. Feb. Sept. 2020 2020 Employment status Civilian noninstitutional population 259,628 260,742 Civilian labor force 164,235 160,143 Employed 1 58.01 7 147,563 Unemployed 6.21 6 12,580 Using this data, compute the unemployment rate and the labor force participation for these 2 dates. Based on the data above, discuss how only considering the unemployment rate may provide a limited description of the labor market conditions

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