The employment data of an economy is described in Scenario A:

$100,000$ people are in the working$-$age population

Of the $100,000$ people $60,000$ of them have jobs and $40,000$ people do not have jobs

Of the $40,000$ who do not have jobs: $15,000$ people who do not have jobs have been searching within the last $4$ weeks, $5,000$ people who do not have jobs have given up because it is too difficult to find a job, $10,000$ who don't have jobs are retired, $5,000$ who don't have jobs are homemakers and $5,000$ are full time students

What is the labor force participation rate in this economy?

$100\%$

$40\%$

$75\%$

$60\%$