1.Suppose that New Zombie has adopted the framework used by the US Bureau of Labor Statistics to calculate its labor force statistics. Following information is extracted from a database maintained by the country's ministry of labor:

Total population

24,512,311

Military personnel

98,539

People below 16 years of age

4,240,102

People in elderly care centers

1,232,130

People who didn't look for job in last 4 weeks

831,304

House wives whose sole activity is home-making

3,424,204

Volunteers

313,200

Self-employed people

3,423,042

People who are jobless, actively looking for a job, and available for work

2,234,100

Calculate the unemployment rate and the labor force of New Zombie.

Total Civilian Non-Institutional Population = Total Population -People Below the Age of 16 years - Military Personal - People in Elderly Care Centers

Labor Force = Total Civilian Non-Institutional Population - People Who Did not Search for Job in Last 4 Weeks - Volunteers - House wives

Unemployment rate = # of unemployed labor force 100%