Assume the following data for a country total population


Assume the following data for a country: total population, 500; population under 16 years of age or institutionalized, 120; not in labor force, 150; unemployed, 23; part-time workers looking for full-time jobs, 10. What is the size of the labor force? What is the unemployment rate?

Request for Solution File

Ask an Expert for Answer!!
Business Economics: Assume the following data for a country total population
Reference No:- TGS01134062

Expected delivery within 24 Hours