Calculate the missing values in the table below by using the provided data collected in the household survey for January 2022. (Enter your responses as whole numbers.) Category Value Working-age population** Employed** 157,174 Unemployed** Unemployment rate 4.0% Labor force** Labor force participation rate 62.2% ** Numbers in thousands *Real-time data provided by Federal Reserve Economic Data (FRED), Federal Reserve Bank of Saint Louis.

Economics (MindTap Course List)
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ISBN:9781337617383
Author:Roger A. Arnold
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Chapter6: Macroeconomic Measurements, Part I: Prices And Unemployment
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Calculate the missing values in the table below by using the provided data collected in the household survey for January 2022. (Enter your responses as whole numbers.)
Category
Value
Working-age population**
Employed**
Unemployed**
157,174
Unemployment rate
4.0%
Labor force**
Labor force participation rate
62.2%
** Numbers in thousands
*Real-time data provided by Federal Reserve Economic Data (FRED), Federal Reserve Bank of Saint Louis.
Transcribed Image Text:Calculate the missing values in the table below by using the provided data collected in the household survey for January 2022. (Enter your responses as whole numbers.) Category Value Working-age population** Employed** Unemployed** 157,174 Unemployment rate 4.0% Labor force** Labor force participation rate 62.2% ** Numbers in thousands *Real-time data provided by Federal Reserve Economic Data (FRED), Federal Reserve Bank of Saint Louis.
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People who are working are considered employed and people who are willing and able and looking for a job are considered unemployed.

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