Suppose the labor force in an economy equals 153 million workers. Out of153 million workers, 145.2 million workers are employed and 7.8 million are unemployed.
Suppose the labor force in an economy equals 153 million workers. Out of153 million workers, 145.2 million workers are employed and 7.8 million are unemployed. Hence, the unemployment rate equals 1:] percent. (Round off your answer to one decimal place)
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