The Involuntary Part-time rate:

(Number of involuntary part-time workers / Labour Force) * 100

(1/20)*100 = 5%

Employment rate:

(Number of people/potential labor force)* 100

(18.5/20)*100 = 7.5%

Participation rate:

( labour force/working age population)

(20/38) = 52.63%

How are the results for the involuntary part-time rate interpreted? (i.e., what do the numbers tell us)? (3 Marks)