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Country A has a population of 200 million. The working population makes up 70% of the population. Out of the working-age population, half of them,
- Country A has a population of 200 million. The working population makes up 70% of the population. Out of the working-age population, half of them, are in the labour force. 7 million people are actively looking for work but not able to get a job yet.
Calculate:
- The number of people in the Labour Force.
- The Unemployment Rate.
- Labour Force Participation Rate.
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Managing in a Global Economy Demystifying International Macroeconomics
Authors: John E. Marthinsen
2nd edition
128505542X, 978-1305176157, 1305176154, 978-1285055428
