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The BLS survey found the numbers in the table for a small community. Calculate the unemployment rate and the labor force participation rate for this
The BLS survey found the numbers in the table for a small community. Calculate the unemployment rate and the labor force participation rate for this community The unemployment rate is 19 percent. Number 120 50 Categon Total number of persons in the community Worked at least 1 hour as paid employees or worked 15 hours or more as unpaid workers in their family business Were not working but had jobs or businesses from which they were temporarily absent Had no employment and were not available for work Were available for work and had made specific efforts to find employment some time during the previous 4 weeks Were available for work and were waiting to be recalled to a job from which they had been laid off >>Answer to 1 decimal place. The labor force participation rate ispercent. >>>Answer to 1 decimal place. 30 15
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