Total Population - 300 million
Adult , noninstitutionalized, nonmilitary population - 230 million
Unemployed adults - 8 million
a. If the labor force participation rate is 72.0%, calculate the size of the labor force ___million.(rounded to one decimal place)
b. Determine the number of Employed adults: __million.(rounded to one decimal place)
c. Calculate the Unemployed rate ___%, (enter your response s a percentage rounded to two decimal places)
DATA: Employment Status of the Civilian Non-institutional Population - 2000
136.89 Employed 64.4%
69.99 Not in Labor Force 32.9%
5.69 Unemployed 2.68%
According to the above data the unemployed rate, the labor force rate, and the labor force participation rate are:
A.) 5.69%, 142.58, 67.07%
B.) 3.99%, 142,58, 69.99%
C.) 3.99%, 142.58, 67.07%
D.) 3.99%, 212.57, 67.07%