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This question is worth 5 points total, 2.5 points for each part. Suppose the government of a small nation has provided the following data: Adult
This question is worth 5 points total, 2.5 points for each part. Suppose the government of a small nation has provided the following data: Adult Population 546,000 Full-time Workers 278,460 Part-time Workers 14,742 Unemployed workers actively looking for work 31,387 Unemployed workers who have become discouraged 10,374 Part-time workers under 16 3,276 Unemployed workers under 16 actively looking for work 2,184 Instructions: Round your answers 2 decimal places. Question 1: What is the labor force participation rate? percent Question 2: What is the unemployment rate? percent
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