Question
In the country ofEconomica, the total labor force consists of5,000workers. 250of these workers areunemployed, and thus the current unemployment rate is5.0%.Thisyear,100workers will lose theirjobs,85workers will
In the country ofEconomica, the total labor force consists of5,000workers. 250of these workers areunemployed, and thus the current unemployment rate is5.0%.Thisyear,100workers will lose theirjobs,85workers will return to the labor force after anabsence,50workers will voluntarily leave theirjobs, and
250new workers will enter the labor force.At the sametime,363workers will findjobs, and150workers will retire or leave the labor force for other reasons.
Thus, at the end of theyear, the labor force will consist of______workers, and the unemployment rate will be________%
(Enter your response as a wholenumber.)
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