Based on the change in labor statistics between the two


Based on the change in labor statistics between the two years, make a short assessment with regard to the state of the economy between the two years.

2001: lobor force participation rate 65.9 %, unemployment rate 7.22%, empployment-to-population ratio : 61.14%

2002. labor force participation rate 66.86%, unemployment rate 7.65%

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Econometrics: Based on the change in labor statistics between the two
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