Question 5 and 6

Use the following to answer questions 1-6. Population and labor force: Year 1 Year 8 Population 200 million 230 million Labor force 85 million 1 10 million # employed 40 million 78 million 1) What is the number of unemployed in year 1? labor force - employed 4 5 million aremployed 2) What is the number of unemployed in year 8? 32 million 3) What is the unemployment rate in year 12 unemploye 45 52 96% labor Force X 100 85x100 4) What is the unemployment rate in year 8? 3 29.09 10 5) What is the labor force participation rate in year 1? labor force population 6) What is the labor force participation rate in year 8? Answer the following questions from the Openstax textbook. lackboard