2. What is the predicated unemployment rate in the United States for the year 2020?

An independent firm recently predicted that in the year 2020, the total number of residents in the United States will be 315.5 million, the number of residents under 16 years of age will be 85 million, the number of institutionalized adults will be 17 million, the number of adults not actively looking for work will be 39 million, and the number of unemployed will be 21.5 million. Refer to the data in Scenario 7-1. What will be the size of the labor force in the United States in the year 2020? a. 153 million b. 294 million c. 174.5 million d. 198 million e. 315.5 million