Please calculate the labor participation rate and the unemployment rate for the following two countries. Country A: Employed 205 million Country B: Employed 143 million Unemployed 6.2 million Unemployed 3.8 million Not in Labor Force 88.7 million Not in Labor Force 28.8 million

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Chapter6: Macroeconomic Measurements, Part I: Prices And Unemployment
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Please calculate the labor participation rate and the unemployment rate for the following two countries.
Country A:
Employed
205 million
Country B:
Employed
143 million
Unemployed
6.2 million
Unemployed
3.8 million
Not in Labor Force
88.7 million
Not in Labor Force
28.8 million
Transcribed Image Text:Please calculate the labor participation rate and the unemployment rate for the following two countries. Country A: Employed 205 million Country B: Employed 143 million Unemployed 6.2 million Unemployed 3.8 million Not in Labor Force 88.7 million Not in Labor Force 28.8 million
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