Please calculate the employment rate given the following information: Please round to two decimal places in your answer. Do not include the % sign Total Population: 66,270,378 Homemakers: 6,874,567 Retired:  4,687,155 Labor Force:  33,314,672 Under the Age of 16: 3,799,600 Discouraged Workers:  5,678,228 Employed:  31,482,365 Underemployed:  5,977,312

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter8: Economic Fluctuations, Unemployment, And Inflation
Section: Chapter Questions
Problem 15CQ
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Please calculate the employment rate

given the following information:

Please round to two decimal places in your answer. Do not include the % sign

Total Population: 66,270,378

Homemakers: 6,874,567

Retired:  4,687,155

Labor Force:  33,314,672

Under the Age of 16: 3,799,600

Discouraged Workers:  5,678,228

Employed:  31,482,365

Underemployed:  5,977,312

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