Calculate the unemployment rate and the labor force participation rate for these ten people. How do the rates compare to the rates in the United States?' Answer all the following and fill in the blanks: A BLS labor market survey interviewer recorded the facts about the 10 people on the four households shown in the table. Calculate the unemployment rate and the labor force participation rate for these ten people. How do the rates compare to the rates in the United States? percent and the labor force participation For these 10 people, the unemployment rate is rate is percent. >>> Answer to 1 decimal place. The unemployment rate in this community is States in 2016. The labor force participation rate in this community is rate in the United States in 2016. OA. equal to; less than OB. greater than; less than Click to select your answer(s). the unemployment rate in the United the labor force participation Work Person hours Candy 20 Jerry 40 10 Meg 0 Joey Serena 10 Ari Kosta Mimi Harry Hank 0 0 0 0 12 Activity works at own business. Also completed application forms and attended two job interviews. works at GM student weekend job on vacation from bank part-time check-out clerk who wants a full time job waiting for recall to regular job in 2 weeks stopped looking for work; going back to school retired retired works at own business and has not ?
Calculate the unemployment rate and the labor force participation rate for these ten people. How do the rates compare to the rates in the United States?' Answer all the following and fill in the blanks: A BLS labor market survey interviewer recorded the facts about the 10 people on the four households shown in the table. Calculate the unemployment rate and the labor force participation rate for these ten people. How do the rates compare to the rates in the United States? percent and the labor force participation For these 10 people, the unemployment rate is rate is percent. >>> Answer to 1 decimal place. The unemployment rate in this community is States in 2016. The labor force participation rate in this community is rate in the United States in 2016. OA. equal to; less than OB. greater than; less than Click to select your answer(s). the unemployment rate in the United the labor force participation Work Person hours Candy 20 Jerry 40 10 Meg 0 Joey Serena 10 Ari Kosta Mimi Harry Hank 0 0 0 0 12 Activity works at own business. Also completed application forms and attended two job interviews. works at GM student weekend job on vacation from bank part-time check-out clerk who wants a full time job waiting for recall to regular job in 2 weeks stopped looking for work; going back to school retired retired works at own business and has not ?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Calculate the unemployment rate and the labor force participation rate for these ten people. How do the
rates compare to the rates in the United States?'
Answer all the following and fill in the blanks:
A BLS labor market survey interviewer recorded the facts about the 10 people on the four
households shown in the table.
Calculate the unemployment rate and the labor force participation rate for these ten people.
How do the rates compare to the rates in the United States?
percent and the labor force participation
For these 10 people, the unemployment rate is
rate is percent.
>>> Answer to 1 decimal place.
The unemployment rate in this community is
States in 2016.
The labor force participation rate in this community is
rate in the United States in 2016.
OA. equal to; less than
O B. greater than; less than
Click to select your answer(s).
the unemployment rate in the United
the labor force participation
Work
Person hours
Candy 20
40
Jerry
Meg
10
Joey 0
Serena 10
Ari
Kosta
Mimi
Harry
Hank
0
0
0
0
12
Activity
works at own business. Also
completed application forms and
attended two job interviews.
works at GM
student weekend job
on vacation from bank
part-time check-out clerk who wants
a full time job
waiting for recall to regular job in 2
weeks
stopped looking for work; going back
to school
retired
retired
works at own business and has not
?
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