Question: Question: --> Total Population: 350 million --> Population aged 16 and older: 260 million --> Employed: 155 million (Table: Labor Force Data) Use Table: Labor
Question:
--> Total Population: 350 million
--> Population aged 16 and older: 260 million
--> Employed: 155 million
(Table: Labor Force Data) Use Table: Labor Force Data. Suppose the labor force participation rate is 62%. The labor force is equal to _____ million.
Choices:
- 245 million
- 108.5 million
- 161.2 million
- 465.5 million
Can you let me know step by step how you solved it as well so I can know for future problems
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