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Measuring Unemployment Let's look at some real labor market data for the Poland (data altered for exam purposes): 2021 Age 15 or more (non institutionalized)

Measuring Unemployment Let's look at some real labor market data for the Poland (data altered for exam purposes):

2021
Age 15 or more (non institutionalized) 24 Million
Labor Force
Labor Force Participation Rate
Unemployed 750,000
Unemployment Rate 10%

What is the number of employed workers?______Million What is the labor force participation rate?______Percent

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