Question
In July of 2020, the Bureau of Labour Statistics released the following data (in thousands): Number of employed: 133,976 Number of unemployed: 8,594 Not in
In July of 2020, the Bureau of Labour Statistics released the following data (in thousands):
Number of employed: 133,976
Number of unemployed: 8,594
Not in the Labour Force: 70,922
Please calculate the Labour Force and the Unemployment Rate:
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Managerial Economics
Authors: Mark Hirschey
14th edition
9781473709263, 1473709261, 1473717343, 1473717345, 978-1305506381
