Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The Labor power {LF} is characterized as the quantity of individuals of working age, who are either utilized or effectively searching for work {jobless}. The

image text in transcribed
image text in transcribed
The Labor power {LF} is characterized as the quantity of individuals of working age, who are either utilized or effectively searching for work {jobless}. The workforce support rate [LFPR} is the quantity of individuals in the workforce partitioned by the size of the grown-up non military personnel noninstitutional populace [or by the number of inhabitants in working age that isn't regulated}, LFPR = LFfPopulation.[5]

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Exploring The Hospitality Industry

Authors: John R Walker

4th Edition

0134744934, 9780134744933

More Books

Students also viewed these General Management questions

Question

What applied experiences do you have? (For Applied Programs Only)

Answered: 1 week ago

Question

3. An initial value (anchoring).

Answered: 1 week ago

Question

4. Similarity (representativeness).

Answered: 1 week ago