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The total number of unemployed individuals in an economy is equal to 872. The total number of employed is 11,760, and the working-age population is
The total number of unemployed individuals in an economy is equal to 872. The total number of employed is 11,760, and the working-age population is 20,784. What is the labor force participation rate in this economy? Please round to the nearest two decimal places and do not include the percentage sign in your answer (%). For example, if your answer is 14.587%, you would only answer 14.59.
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