**Table Analysis for Economic Indicators**Find the missing values in the table below and show your calculations.| Country | Adult Population | Labor Force | Employed | Unemployed | Unemployment Rate (%) | Labor-Force Participation Rate (%) ||---------|------------------|-------------|----------|------------|----------------------|-----------------------------------|| Japan | 265,788 | (a) | 101,000 | 8,684 | (b) | (c) || France | (d) | 66,809 | (e) | 2,977 | (f) | 57.41 |**Explanation of Terms:**- **Labor Force**: The total number of people employed and unemployed.- **Unemployment Rate**: The percentage of the labor force that is unemployed. It is calculated as: \[ \text{Unemployment Rate} = \left( \frac{\text{Unemployed}}{\text{Labor Force}} \right) \times 100 \]- **Labor-Force Participation Rate**: The percentage of the adult population that is part of the labor force. It is calculated as: \[ \text{Labor-Force Participation Rate} = \left( \frac{\text{Labor Force}}{\text{Adult Population}} \right) \times 100 \]Please solve for (a), (b), (c), (d), (e), and (f) using these formulas.

In-country Japan: a. Labor Force = Employed + Unemployed = 101000 + 8684= 109684b. Unemployment rate = UnemployedLabor Force×100=8684109684×100=7.92 c. Labor-force participation rate = Labor ForceWorking Age Population=109684265788×100=41.26In the country France: D. Labor-force participation rate = Labor ForceWorking Age Population(Adult population)57.41=66809Adult PopulationAdult population=6680957.41=1163.72 e. Labor force = Employed + Unemployed66809 = Employed + 2977Employed = 66809 - 2977Employed = 63832 F. Unemployment rate = UnemployedLabor forcex 100=297766809x100=4.45

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1. Find (a), (b), (c), (d), (e), (f). Show work. Labor-Force Unemployment Country Adult Population Labor Force Employed Unemployed Participation Rate Rate Japan 265,788 (a) 101,000 8,684 (b) (c) France (d) 66,809 (e) 2,977 (f) 57.41

1. Find (a), (b), (c), (d), (e), (f). Show work. Labor-Force Unemployment Country Adult Population Labor Force Employed Unemployed Participation Rate Rate Japan 265,788 (a) 101,000 8,684 (b) (c) France (d) 66,809 (e) 2,977 (f) 57.41

ENGR.ECONOMIC ANALYSIS

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ISBN:9780190931919

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Publisher:NEWNAN

Chapter1: Making Economics Decisions

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Question

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**Table Analysis for Economic Indicators**

Find the missing values in the table below and show your calculations.

| Country | Adult Population | Labor Force | Employed | Unemployed | Unemployment Rate (%) | Labor-Force Participation Rate (%) |
|---------|------------------|-------------|----------|------------|----------------------|-----------------------------------|
| Japan | 265,788 | (a) | 101,000 | 8,684 | (b) | (c) |
| France | (d) | 66,809 | (e) | 2,977 | (f) | 57.41 |

**Explanation of Terms:**

- **Labor Force**: The total number of people employed and unemployed.
- **Unemployment Rate**: The percentage of the labor force that is unemployed. It is calculated as:
\[
\text{Unemployment Rate} = \left( \frac{\text{Unemployed}}{\text{Labor Force}} \right) \times 100
\]
- **Labor-Force Participation Rate**: The percentage of the adult population that is part of the labor force. It is calculated as:
\[
\text{Labor-Force Participation Rate} = \left( \frac{\text{Labor Force}}{\text{Adult Population}} \right) \times 100
\]

Please solve for (a), (b), (c), (d), (e), and (f) using these formulas.

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