Calculate the employment rate Total Population: 500,270,378 Homemakers: 12,874,567 Retired: 42,687,155 Labor Force: 425,314,672 Under the Age of 16: 17,322,654 Discouraged Workers: 37,678,228 Employed: 399,482,365 Underemployed: 14,977,312

Calculate the employment rate Total Population: 500,270,378 Homemakers: 12,874,567 Retired: 42,687,155 Labor Force: 425,314,672 Under the Age of 16: 17,322,654 Discouraged Workers: 37,678,228 Employed: 399,482,365 Underemployed: 14,977,312

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Calculate the employment rate

Total Population: 500,270,378

Homemakers: 12,874,567

Retired: 42,687,155

Labor Force: 425,314,672

Under the Age of 16: 17,322,654

Discouraged Workers: 37,678,228

Employed: 399,482,365

Underemployed: 14,977,312

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