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

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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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Macroeconomics

ISBN: 125367

12th Global Edition

Authors: Michael Parkin

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