Labor Data: 2010 Adult population 2000 Number employed 1400 number unemployed 200 2011 Adult population 3000 number employed 1300 number unemployed 600 2012 Adult population 3200 number employed 1600 number unemployed 200 Given the above information what is the labor force participation rate in 2011?
Labor Data: 2010 Adult population 2000 Number employed 1400 number unemployed 200 2011 Adult population 3000 number employed 1300 number unemployed 600 2012 Adult population 3200 number employed 1600 number unemployed 200 Given the above information what is the labor force participation rate in 2011?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Labor Data:
2010
Adult population 2000 Number employed 1400 number
2011
Adult population 3000 number employed 1300 number unemployed 600
2012
Adult population 3200 number employed 1600 number unemployed 200
Given the above information what is the labor force participation rate in 2011?
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