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Measuring Unemployment. Let's look at some labor market data for the Los Alamos (Oppenheimer) (altered a bit): 1945 Age 16 or more 7.000 Labor Force

Measuring Unemployment. Let's look at some labor market data for the Los Alamos (Oppenheimer) (altered a bit): 1945 Age 16 or more 7.000 Labor Force Unemployed 130 Employed Unemployment Rate 6% (a) What is the number of employed in 2023? (b) What is the labor force participation rate based on this data? (Hint: data from part (a) can be used to calculate this answer)

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