3. Calculate items A, B, and C in the table below. Employment Status August 2020 Civilian noninstitutional populationt 260,558 160,838 Civilian labor force Participation rate Employed Employment-population ratio Unemployed Unemployment rate A 147,288 56.5% Not in labor force 99,720 All numbers in Thousands. Source: Bureau of Labor Statistics. †The number of persons who in principle could work.

3. Calculate items A, B, and C in the table below. Employment Status August 2020 Civilian noninstitutional populationt 260,558 160,838 Civilian labor force Participation rate Employed Employment-population ratio Unemployed Unemployment rate A 147,288 56.5% Not in labor force 99,720 All numbers in Thousands. Source: Bureau of Labor Statistics. †The number of persons who in principle could work.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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3. Calculate items A, B, and C in the table below.
Employment Status
August 2020
Civilian noninstitutional populationt 260,558
160,838
Civilian labor force
Participation rate
Employed
Employment-population ratio
Unemployed
Unemployment rate
A
147,288
56.5%
Not in labor force
99,720
All numbers in Thousands. Source: Bureau of Labor Statistics.
†The number of persons who in principle could work.

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