Question: This table shows the 2001-2002 data for males and females ages 16 and over. a. What is the size of the civilian labor force for

This table shows the 2001-2002 data for males and females ages 16 and over.

a. What is the size of the civilian labor force for March 2002? (2)
b. Given the data in the table above, what is the labor participation rate for March 2002? Carry your answer to two decimal places.
c. Given the data in the table above, what is the unemployment rate for March 2002? Carry your answer to two decimal places.
Non-quantitative
Indicate whether the following economic indicators are leading, lagging or coincident and pro-cyclical or countercyclical. Explain your answer.
a. Payroll employment
b. Housing permits
c. Unemployment

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