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In January 2019, labor force participation in the United States was 62.3%. official unemployment was 4.1%. the proportion of short-term unemployment (14 weeks or less)
In January 2019, labor force participation in the United States was 62.3%. official unemployment was 4.1%. the proportion of short-term unemployment (14 weeks or less) in that month on average was 68.9%. moderately long-term unemployment (15-26 weeks) was 12.7%. very long-term unemployment (27 weeks or longer) was 18.4%. Based on these statistics, what proportion of the labor force was unemployed very long term in January 2019, to the nearest tenth of a percent? Note: Make sure to round your answer to the nearest tenth of a percent
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