Suppose that you are given the following information Total population 60 million Working age population, non-institutionalized, non-military
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Question:
Suppose that you are given the following information
Total population | 60 million |
Working age population, non-institutionalized, non-military | 40 million |
Unemployed | 1.5 million |
If the labour force participation rate is 55%, how many are in the labour force?
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