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This week we are learning about two factors that measure the economic health of a society, the unemployment rate and inflation. Total population Labor force
This week we are learning about two factors that measure the economic health of a society, the unemployment rate and inflation. Total population Labor force PART A Total population (in millions) is 310, under 16 or institutionalized 65.3, employed 140.1, unemployed 13.6. Referring to the PowerPoint slide and graph above identify the answers to the questions below. 1. What is the size of the labor force? (Show your work). 2. What number is classified as "not in the labor force?" (Show your work). 3. What is the unemployment rate? (Show your work)
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