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7 (7 points) Here is some labor market data for Japan (altered slighly for the problem set) 2010 2024 Total Population (in thousands) 128,000 123,000

7 (7 points) Here is some labor market data for Japan (altered slighly for the problem set) 2010 2024 Total Population (in thousands) 128,000 123,000 Age 15 or more (non institutionalized, in thousands) 110,460 109.930 For reference purposes - Age 15 to 64 81,180 73,730 Labor Force (in thousands) 65,600 68,370 Unemployed (in thousands) 3,500 1,630 Unemployment Rate Labor Force Rate Employment to Population Ratio (1) What is the unemployment rate in 2024

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