Contemporary Labor Economics 9th Edition by Campbell Mcconnell, Stanley Brue, David Macpherson, Robert Powell, David Colander

Exercise 19

In 2008 the United States had a population of 304 million, of which 70 million were either under 16 years of age or institutionalized. Approximately 154 million people were either employed or unemployed but actively seeking work. What was the participation rate in 2008 ?