Calculate labour force participation rate, number of unemployed, size of labour force and unemployment rate. Thank you?
Given 35.9m as working age population, 4.6m are part time workers and 15.71m working full time. 3.2m job search happened in less than 2 weeks ago among non workers, 1.72m most recently looked for work between 2 & 4 weeks ago. An additional 0.86m most recently looked for work 5weeks ago and 9.81m who don't have jobs have not looked for work in the past 6 weeks.
1. Size of the total labour force
2.How many people are unemployed?
3. labour force participation rate?
4. What is unemployment rate?
- OiyLv 62 months ago
Are you in economics class 101, or in a photoshop?