Jackson, Inc. produces two different products (Product 5 and Product Z) using two different activities: Machining, which uses ma
1 answer:
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Answer: 59.27% and 4.77%.
Explanation:
Given that,
In the year 2009:
Japanese adult non-institutionalized population = 110.272 million
Labor force = 65.362 million
Number of people employed = 62.242 million
Japanese labor-force participation rate =
=
= 0.5927 or 59.27%
Unemployment rate =
=
= 4.77%