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Consider an economy made up of 100 working-age civilian population. Of which, 63 are employed, 4 are looking for jobs or unemployed, 3 are full-
Consider an economy made up of 100 working-age civilian population. Of which, 63 are employed, 4 are looking for jobs or unemployed, 3 are full- time students, and 10 are retired, under-aged and other individuals. How many people are in the labor force? 100 67 35 25 QUESTION 10 Consider an economy made up of 100 working-age civilian population. Of which, 63 are employed, 4 are looking for jobs or unemployed, 3 are full- time students, and 10 are retired, under-aged and other Individuals. How many people are not in the labor force? 27 30 33 35 37 QUESTION 11 As of March 2022, the U.S. labor force participation rate was 62.4%. This means that: 37.3% of all working age people wanted a job. 62.7% of the civilian noninstitutional population 16 years and older that is working or actively looking for work. 62.4% of the civilian noninstitutional population 16 years and older that is working or actively looking for work. All of these are correct interpretations of the labor force participation rate
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