Statistics south Africa reported the fo3 data fir 2012 labour force 17 948 000. Employment, 13 422 000, working age population, 32 786 000. Calculate the unemployment rate, labour force participant rate and absorption rate

Macroeconomics: Private and Public Choice (MindTap Course List)
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Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
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Chapter8: Economic Fluctuations, Unemployment, And Inflation
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Statistics south Africa reported the fo3 data fir 2012 labour force 17 948 000. Employment, 13 422 000, working age population, 32 786 000. Calculate the unemployment rate, labour force participant rate and absorption rate

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