A country has a noninstitutionalized population of 243 million people. Out of that number, • 38 million are under the age of 16 70 million are full-time students and retirees • 8 million are unemployed workers • 31 million are underemployed • 96 million are employed full-time What is the labor force participation rate? Round to the nearest whole percentage. %
A country has a noninstitutionalized population of 243 million people. Out of that number, • 38 million are under the age of 16 70 million are full-time students and retirees • 8 million are unemployed workers • 31 million are underemployed • 96 million are employed full-time What is the labor force participation rate? Round to the nearest whole percentage. %
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Transcribed Image Text:A country has a noninstitutionalized population of 243 million people. Out of that number,
• 38 million are under the age of 16
• 70 million are full-time students and retirees
• 8 million are unemployed workers
• 31 million are underemployed
• 96 million are employed full-time
What is the labor force participation rate? Round to the nearest whole percentage.
%
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