Calculate the number of adults who are in the labor force


Problem

Suppose the adult population of a city is 9,823,000 and there are 3,340,000 people who are not in the labor force and 6,094,000 who are employed.

a. Calculate the number of adults who are in the labor force and the number of adults who are unemployed.

b. Calculate the labor force participation rate and the unemployment rate.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Calculate the number of adults who are in the labor force
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