The BLS reported the following data for 2010: Labor force: 153.7 million Employment: 139.1 million Working-age population:
Question:
The BLS 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.
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