Labor force participation, Unemployment, Employment rate
Not what you're looking for?
Total labor force was 150,000,000 of a possible 230,000,000 working-age adults. The total number of unemployed people was 7,300,000.
1. Labor force participation rate
2. Unemployment Rate
3. Employment Rate.
Purchase this Solution
Solution Summary
The solution discusses labor force participation, uneployment, and employment rate.
Solution Preview
Need help on how to calculate rates. Total labor force was 150,000,000 of a possible 230,000,000 working-age adults. The total number of unemployed people was 7,300,000.
Total labor force (Employed + ...
Purchase this Solution
Free BrainMass Quizzes
Elementary Microeconomics
This quiz reviews the basic concept of supply and demand analysis.
Economics, Basic Concepts, Demand-Supply-Equilibrium
The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.
Economic Issues and Concepts
This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.
Pricing Strategies
Discussion about various pricing techniques of profit-seeking firms.
Basics of Economics
Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.