
Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884
Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884 Exercise 15
The Bureau of Labor Statistics reported the following data for 2010:
Labor force: 153.7 million
Employment: 139.1 million
Working-age population: 237.9 million
Calculate the
a. Unemployment rate.
b. Labor force participation rate.
c. Employment-to-population ratio.
Labor force: 153.7 million
Employment: 139.1 million
Working-age population: 237.9 million
Calculate the
a. Unemployment rate.
b. Labor force participation rate.
c. Employment-to-population ratio.
Explanation
Labor force is 153.7 million.
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Macroeconomics 11th Edition by Michael Parkin
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