The labor force participation rate is the percentage of the working-age population in the labor force....
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The labor force participation rate is the percentage of the working-age population in the labor force. Suppose an economy is given by Population = 227 million Working-age population = 150 million Labor force 104 million The number of people employed = 96 million The number of people unemployed = 8 million The labor force participation rate for this economy is% (Enter your response rounded to one decimal place) The labor force participation rate is the percentage of the working-age population in the labor force. Suppose an economy is given by Population = 227 million Working-age population = 150 million Labor force 104 million The number of people employed = 96 million The number of people unemployed = 8 million The labor force participation rate for this economy is% (Enter your response rounded to one decimal place)
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