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Using the data below, calculate the unemployment rate and labor force participation rate for January 2020, April 2020, and December 2021. Based on the material

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Using the data below, calculate the unemployment rate and labor force participation rate for January 2020, April 2020, and December 2021. Based on the material discussed in class, provide a brief explanation for the differences in these two statistics for the three time periods. Is the current economy in "full employment"? Explain. Employment data -- USA [in thousands) Jan-20 Apr-20 Dec-21 Working age 259.502 259.896 262.136 population Labor Force 164 479 156.358 162.294 Employed 158.653 133,320 155.975 Unemployed 5.826 23.038 6.319

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