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Lina20 [59]
3 years ago
12

If the number of employed people is 150 million, the number of unemployed people is 50 million, and the working-age population e

quals 285 million people, what is the labor force participation rate? DO NOT PUT THE "%" IN YOUR ANSWER. An answer of 5%, for example, would simply be 5.
Business
1 answer:
expeople1 [14]3 years ago
3 0

Answer:

70.18

Explanation:

Labour force participation rate = [(employed + unemployed ) / working-age population ]

(150 + 50) / 285 = 0.7018 × 100 = 70.18%

I hope my answer helps you

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