Assume that in a country, of all adult people, 29,500,000 were employed, 1,120,000 were unemployed and 11,000,000
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Assume that in a country, of all adult people, 29,500,000 were employed, 1,120,000 were unemployed and 11,000,000 were not in the labour force. How big was the labour force? What was the labour force participation rate? What was the unemployment rate?
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Given Number of employed individuals 29500000 Number of unemployed individuals 1120000 Adult individ...View the full answer
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