Summer 2018 youth labor market From April to July 2018, the number of employed youth 16 to 24 years old rose by 2.0 million to 20.9 million and youth unemployment increased from 1.5 million to 2.1million In July, the youth labor force grew by 2.6 million to a total of 23.0 million and the youth working-age population was 38.0 million. Source: BLS Press Release, August 18, 201 How did the youth unemployment rate change from April to July? Calculate the youth labor force participation rate in July. >>> Answer below to 1 decimal place. The youth unemployment rate in April 2019 is percent.

Summer 2018 youth labor market From April to July 2018, the number of employed youth 16 to 24 years old rose by 2.0 million to 20.9 million and youth unemployment increased from 1.5 million to 2.1million In July, the youth labor force grew by 2.6 million to a total of 23.0 million and the youth working-age population was 38.0 million. Source: BLS Press Release, August 18, 201 How did the youth unemployment rate change from April to July? Calculate the youth labor force participation rate in July. >>> Answer below to 1 decimal place. The youth unemployment rate in April 2019 is percent.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Summer 2018 youth labor market
From April to July 2018, the number of employed youth 16 to 24 years old rose by 2.0 million to 20.9 million and youth unemployment increased from 1.5 million to 2.1 million.
In July, the youth labor force grew by 2.6 million to a total of 23.0 million and the youth working-age population was 38.0 million.
Source: BLS Press Release, August 18, 2019
How did the youth unemployment rate change from April to July? Calculate the youth labor force participation rate in July.
>>> Answer below to 1 decimal place.
The youth unemployment rate in April 2019 is
percent.

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Hi I need help with the following question using the data table. Calculate the unemployment rate ?