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please answer both questions Q1. Suppose the adult population over the age of 16 is 237.8 million and the labor force is 153.9 million (of
please answer both questions
Q1. Suppose the adult population over the age of 16 is 237.8 million and the labor force is 153.9 million (of whom 139.1 million are employed). How many people are "not in the labor force?" What are the proportions of employed, unemployed and not in the labor force in the population? Hint: Proportions are percentages.
Q2. Whose unemployment rates are commonly higher in the U.S. economy:
- Whites or nonwhites?
- The young or the middle-aged?
- College graduates or high school graduates?
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