Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

PART A In 2011, the Bureau of Labor Statistics (BLS) announced that of all adult Americans, 139.93 million were employed, 13.43 million were unemployed, and

PART A

In 2011, the Bureau of Labor Statistics (BLS) announced that of all adult Americans, 139.93 million were employed, 13.43 million were unemployed, and 86.39 million were not in the labor force. The adult population is how many million? Enter a number rounded to two decimal places.

PART B

In 2011, the Bureau of Labor Statistics (BLS) announced that of all adult Americans, 139.13 million were employed, 13.20 million were unemployed, and 86.90 million were not in the labor force. What is the value of the labor force participation rate, measured in millions? Enter a number rounded to two decimal places, measured in percentage terms.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions