Question
Suppose the civilian noninstitutionalized population is 206 million, 74 million people are not working and labor force participation rate is 67%. What is the unemployment
Suppose the civilian noninstitutionalized population is 206 million, 74 million people are not working and labor force participation rate is 67%. What is the unemployment rate? Please include all steps on how to solve.
Step by Step Solution
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There are 3 Steps involved in it
Step: 1
When someone actively seeks job but is unable to do so this is referred to as being unemployed One i...
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Principles of Auditing and Other Assurance Services
Authors: Ray Whittington, Kurt Pany
19th edition
978-0077804770, 78025613, 77804775, 978-0078025617
