Question: The table shows employment statistics for a fictional country. Use the information to answer the questions. Round your percentages to two decimal places. Category

The table shows employment statistics for a fictional country. Use the information to answer the questions. Round your percen

The table shows employment statistics for a fictional country. Use the information to answer the questions. Round your percentages to two decimal places. Category Employed Unemployed Not in the labor force What is the total labor force? What is the labor force participation rate? What is the unemployment rate? Number of people 4905 482 581 Suppose 256 of the 482 unemployed people have been unemployed for so long that they stop looking for work. What is the new labor force? What is the new labor force participation rate? What is the new unemployment rate? AS 28 28

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