1. Assume the U.S. population is 355 million. Two million of these have jobs, while 39.8 million of the rest areeither not included in the labor forceor choose to benon-participantsin the labor market.

• Identify TWO groups in the population that arenot included in the labor forceand then explainwhythey are not included.
• Identify TWO groups of the population that arenon-participantsin the labor marketand then explainwhythey are non-participants.
• Calculate the U.S. unemployment rate.