Answered

Discover the best answers at Westonci.ca, where experts share their insights and knowledge with you. Explore our Q&A platform to find reliable answers from a wide range of experts in different fields. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

The labor force participation rate is the percentage of the working-age population in the labor force.
Suppose an economy is given by:
Population= 229 million
Working-age population= 149 million
Labor force= 98 million
The number of people employed= 90 million
The number of people unemployed= 8 million
The labor force participation rate for this economy is __%.

Sagot :

We hope this information was helpful. Feel free to return anytime for more answers to your questions and concerns. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Get the answers you need at Westonci.ca. Stay informed by returning for our latest expert advice.