1 omThe BLS survey found the numbers in the table for a small community.CategoryNumberCalculate the unemployment rate and the labor force participation rate for thiscommunity.180Total number of persons in the communityWorked at least 1 hour as paid employeesor worked 15 hours or more as unpaidworkers in their family business50The unemployment rate ispercent.>>> Answer to 1 decimal place.Were not working but had jobs orbusinesses from which they woretemporarily absent10The labor force participation rate is>>> Answer to 1 decimal place.percent.15Had no employment and were notavailable for workWere available for work and had madespecific efforts to find employment sometime during the previous 4 weeks10Were available for work and were waitingto be recalled to a job from which they hadbeen laid off

Employed people Paid employees or unpaid workers 50 Having business or job 10 Total Employed…

The BLS survey found the numbers in the table for a small community. Category Number Calculate the unemployment rate and the labor force participation rate for this community. Total number of persons in the community Worked at least 1 hour as paid employees or worked 15 hours or more as unpaid workers in their family business Were not working but had jobs or businesses from which they were temporarily absent 180 50 The unemployment rate is percent. >>> Answer to 1 decimal place. 10 The labor force participation rate is >>> Anewer to 1 decimal place. percent. Had no employment and were not available for work 15 Were available for work and had made specific efforts to find employment some time during the previous 4 weeks 10 Were available for work and were waiting to be recalled to a job from which they had been laid off 5.

The BLS survey found the numbers in the table for a small community. Category Number Calculate the unemployment rate and the labor force participation rate for this community. Total number of persons in the community Worked at least 1 hour as paid employees or worked 15 hours or more as unpaid workers in their family business Were not working but had jobs or businesses from which they were temporarily absent 180 50 The unemployment rate is percent. >>> Answer to 1 decimal place. 10 The labor force participation rate is >>> Anewer to 1 decimal place. percent. Had no employment and were not available for work 15 Were available for work and had made specific efforts to find employment some time during the previous 4 weeks 10 Were available for work and were waiting to be recalled to a job from which they had been laid off 5.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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