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    Unemployment rate calculation, demand and supply analysis of exchange rates

    © BrainMass Inc. brainmass.com October 9, 2019, 11:50 pm ad1c9bdddf
    https://brainmass.com/economics/exchange-rates/unemployment-rate-calculations-269708

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    3) Using the information in the following table, answer the following questions:

    Component Number of people
    (millions)
    Total population 246
    Working-age population 207
    Labor force 139
    Employed 133
    Unemployed 6

    - What is the unemployment rate?

    Unemployed/ labor force = 6/139 =4.3%

    - What is the labor force participation ...

    Solution Summary

    The expert examines unemployment rate calculation, demand and supply analysis of exchange rates.

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