Question 15 (3 points) The BLS reported the following data: Labor force: 134.7 million Unemployment: 38.1 million Workin
Posted: Thu Apr 28, 2022 11:41 am
Question 15 (3 points)
The BLS reported the following data:
Labor force: 134.7 million
Unemployment: 38.1 million
Working-age population: 273.3 million
Calculate the
a) Employment rate. (1 point)
b) Labor force participation rate. (1 point)
c) what kind/kinds of unemployment do we have in this economy,
explain your selection (1 point)
The BLS reported the following data:
Labor force: 134.7 million
Unemployment: 38.1 million
Working-age population: 273.3 million
Calculate the
a) Employment rate. (1 point)
b) Labor force participation rate. (1 point)
c) what kind/kinds of unemployment do we have in this economy,
explain your selection (1 point)