Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1. Fill in the missing values. 2. Use the following information to answer the questions below: Persons between 16 and 65 years who are actively
1. Fill in the missing values. 2. Use the following information to answer the questions below: Persons between 16 and 65 years who are actively seeking (a) Calculate the number of persons who are not in the labor force. (b) Calculate the number of persons who are employed. () Calculate the unemployment rate. employment 4,000 Homemakers 5,000 School-age children under 16 years 15,000 Persons who are waiting to be recalled to work. 2,000 Military personnel 8,000 Persons 16 years and older who are working 38,000 Persons 16 years and older not working because of illness, vacation or bad weather. 4,000
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started