Unemployment rate calculation, demand and supply analysis of exchange rates© BrainMass Inc. brainmass.com December 15, 2020, 4:54 pm ad1c9bdddf
3) Using the information in the following table, answer the following questions:
Component Number of people
Total population 246
Working-age population 207
Labor force 139
- What is the unemployment rate?
Unemployed/ labor force = 6/139 =4.3%
- What is the labor force participation ...
The expert examines unemployment rate calculation, demand and supply analysis of exchange rates.