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PLEASE HELP! Suppose a government report about a country's employment situation reveals the following data (all values are in millions of people). 230 = Working-age
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Suppose a government report about a country's employment situation reveals the following data (all values are in millions of people). 230 = Working-age population 110 = Employed people 25 = People not working but actively looking for work 25 = Unemployed people who have stopped looking for work 70 = People not working and not seeking work If the country in question is the United States, these data are obtained from From the data above, it can be determined that this country's labor force is million people. It can be determined that this country's unemployment rate is %. ( Round your response to one decimal place.) The data indicate that the country's participation rate is %%. (Round your response to one decimal place.)Suppose a government report about a country's employment situation reveals the following data (all values are in millions of people). 230 = Working-age population 110 = Employed people 25 = People not working but actively looking for work 25 = Unemployed people who have stopped looking for work 70 = People not working and not seeking work If the country in question is the United States, these data are obtained from From the data above, it can be determined that this country's labor force is It can be determined that this country's unemployment rate is (Round unemployment office registrations The data indicate that the country's participation rate is %%. (Round your r household surveys private-sector payrollsStep by Step Solution
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