The BLS reported that in July 2000, the labor force was 140.4 million, employment was 134.7 million,

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The BLS reported that in July 2000, the labor force was 140.4 million, employment was 134.7 million, and the working-age population was 209.8 mil-lion. Calculate for that month the:
a. Unemployment rate.
b. Labor force participation rate.
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Foundations of Macroeconomics

ISBN: 978-0132831000

6th edition

Authors: Robin Bade, Michael Parkin

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