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Pie
3 years ago
13

In 2015, the Bureau of Labor Statistics (BLS) announced that of all adult Americans, 148,834,000 were employed, 8,296,000 were u

nemployed, and 93,671,000 were not in the labor force. What is the adult population? 250,801,000 148,834,000 8,296,000 157,130,000 The size of the labor force is , and the labor force participation rate is . What is the unemployment rate? 59.6% 5.3% 5.6% 3.3%
Business
2 answers:
Naddika [18.5K]3 years ago
7 0

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

148,834,000 were employed, 8,296,000 were unemployed.93,671,000 were not in the labor force.

Labor force= 8,296,000+ 148,834,000= 157,130,000

Adul population= 157,130,000 + 93,671,000= 250,801,000

Labor force participation rate= 157,130,000/250,801,000= 62.65%

What is the unemployment rate?

Unemployment rate= unemployed people/ labor force= 5.28%= 5.3%

Tpy6a [65]3 years ago
5 0

Answer:

See explainations

Explanation:

Total population is sum of employed people plus unemployed people plus people that are not in the labour force, or 148,834,000 + 8,296,000 + 93,671,000 = 250,801,000.

Total adult population is sum of employed people plus unemployed people (assuming that non-adults contribute 100% to those that are not in the labour force), or 148,834,000 + 8,296,000 = 157,130,000.

Total labour force is sum of employed people plus unemployed people, or 157,130,000.

Labor force participation rate is Employed people/Total labour force = 148,834,000/157,130,000 = 94.7%

Unemployment rate is Unemployed people/Total labour force = 8,296,000/157,130,000 = 5.3%

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I hope my answer helps you

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