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The following describes the labor market of an economy. Population 16 and older1050 Employed workers600 Unemployment rate4% The labor force participation rate is ______________ %.

The following describes the labor market of an economy.

Population 16 and older1050

Employed workers600

Unemployment rate4%

The labor force participation rate is ______________ %.

Find the labor force participation rate

(State your answer in percent, do not include the % sign in your answer.Round to the nearest 0.1.)

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