take the decimal result times 100. We will round to one decimal places here:Check my3804600.826 x 100 = 82.6%Part 1 of 2Percentages and Ratios-Problem #13.12polntsThe labor force is comprised of those who are working for any number of hours (the employed) and those who are out of work butactively looking for a job (the unemployed).eBookCalculate the size of the labor force. The size of the adult population is 30,000. The number working is 17,700 and the number ofunemployed actively looking for work is 1,600.Print.Referencesa. Labor Force:peopleA commonly reported labor statistic is the Labor Force Participation Rate 'LFPR":Stze of the laborforce=Adult PopulationLFPRx 100b. 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 thelabor force:UnemployedSize of the Labor ForceUnemployment Rate =x 100c. Calculate the Unemployment Rate (Round your answer to one decimal place):%242122Next >McGrawHill< Prevof 33MacBook AiF11F9F10F8F720,880 F4F6F5F3F2F1...

Answer: Given, Adult population = 30,000 Working population = 17,700 Unemployed population = 1,600…

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):

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):

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter21: Unemployment

Section: Chapter Questions

Problem 45P: A country with a population of eight million adults has five million employed, 500,000 unemployed,...

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