If the relevant population is 268 million people and the number of people in the labor force is 148 million, the labor force participation rate is

Group of answer choices

1.81 percent.

4.8 percent.

5.5 percent.

44.8 percent.

55.2 percent.

Some individuals are unemployed because they are laid off from their jobs when the economy is sluggish. These individuals would be considered

Group of answer choices

frictionally unemployed.

cyclically unemployed.

structurally unemployed.

overemployed.

discouraged workers.