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5. Use the following data to find the unemployment rate and the labor force participation rate for the years 1992 and 1996. (These data are

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5. Use the following data to find the unemployment rate and the labor force participation rate for the years 1992 and 1996. (These data are taken from the Economic Report of the President, 2013.) Year Number of people Number of people Number of people unemployed employed who could be in labor force 1992 9.6 million 118.5 million 192.8 million 1996 7.2 million 126.7 million 200.6 million After finding these answers, evaluate in one or two sentences how the labor market was performing between 1992 and 1996

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