1. The Bureau of Labor Statistics announced that in December 1998, of all adult Americans, 138,547,000 were...
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1. The Bureau of Labor Statistics announced that in December 1998, of all adult Americans, 138,547,000 were employed, 6,021,000 were unemployed, and 67,723,000 were not in the labor force. How big was the labor force? What was the labor-force participation rate?
What was the unemployment rate?
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