đěčimal places here: 380 460 = 0.826 x 100 = 82.6% Part 1 of 2 Percentages and Ratios-Problem #1 3.12 polnts The labor force is comprised of those who are working for any number of hours (the employed) and those who are out of work but actively looking for a job (the unemployed). eBook Calculate the size of the labor force. The size of the adult population is 30,000. The number working is 17,700 and the number of unemployed actively looking for work is 1,600. Print References a. Labor Force: people A commonly reported làbor statistic is the Labor Force Participation Rate 'LFPR': Size of the labor force Adult Population LFPR = x 100 b. Calculate the Labor Force Participation Rate (Round your answer to one decimal place):| The Unemployment Rate is calculated as those who are not working but actively looking for a job ("the labor force: mployed") divided by the Unemployment Rate = Unemployed Size of the Labor Force x 100 c. Calculate the Unemployment Rate (Round your answer to one decimal place):

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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take the decimal result times 100. We will round to one decimal places here:
Check my
380
460
0.826 x 100 = 82.6%
Part 1 of 2
Percentages and Ratios-Problem #1
3.12
polnts
The labor force is comprised of those who are working for any number of hours (the employed) and those who are out of work but
actively looking for a job (the unemployed).
eBook
Calculate the size of the labor force. The size of the adult population is 30,000. The number working is 17,700 and the number of
unemployed actively looking for work is 1,600.
Print.
References
a. Labor Force:
people
A commonly reported labor statistic is the Labor Force Participation Rate 'LFPR":
Stze of the laborforce
=
Adult Population
LFPR
x 100
b. Calculate the Labor Force Participation Rate (Round your answer to one decimal place):
The Unemployment Rate is calculated as those who are not working but actively looking for a job ("the unemployed") divided by the
labor force:
Unemployed
Size of the Labor Force
Unemployment Rate =
x 100
c. Calculate the Unemployment Rate (Round your answer to one decimal place):
%24
21
22
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Transcribed Image Text:take the decimal result times 100. We will round to one decimal places here: Check my 380 460 0.826 x 100 = 82.6% Part 1 of 2 Percentages and Ratios-Problem #1 3.12 polnts The labor force is comprised of those who are working for any number of hours (the employed) and those who are out of work but actively looking for a job (the unemployed). eBook Calculate the size of the labor force. The size of the adult population is 30,000. The number working is 17,700 and the number of unemployed actively looking for work is 1,600. Print. References a. Labor Force: people A commonly reported labor statistic is the Labor Force Participation Rate 'LFPR": Stze of the laborforce = Adult Population LFPR x 100 b. Calculate the Labor Force Participation Rate (Round your answer to one decimal place): The Unemployment Rate is calculated as those who are not working but actively looking for a job ("the unemployed") divided by the labor force: Unemployed Size of the Labor Force Unemployment Rate = x 100 c. Calculate the Unemployment Rate (Round your answer to one decimal place): %24 21 22 Next > Mc Graw Hill < Prev of 33 MacBook Ai F11 F9 F10 F8 F7 20, 880 F4 F6 F5 F3 F2 F1 ...
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