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    labor force participation rate

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    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?
    - What is the labor force participation rate?

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    https://brainmass.com/economics/unemployment/labor-force-participation-rate-269913

    Solution Summary

    What is the labor force participation rate is determined.

    $2.19