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Can you explain the employment rate in terms of the highlighted part? i Question3 1I2pts A city has an adult population of 14 million. Among

Can you explain the employment rate in terms of the highlighted part?

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i Question3 1I2pts A city has an adult population of 14 million. Among those who are above 15 years old. 1.5 million of them are not available for work, 9.8 million are employed full-time; 1.8 million have parttime jobs; and the remaining people are actively looking for jobs. Find the employment rate and the unemployment rate. Keep your answer in percentage terms & DO NOT enter any unit of measurement. Answer: Employment rate l[in 96 terms): - 92-30 96 {keep your answer to 2 decimal places if needed} Unemployment rate {In 96 terms}: - 96 [keep your answer to 2 decimal places if needed) Answerl: " -' 92 .80 82.86% 32.36

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