In 2016 there were approximately 1592 million people in the


In 2016, there were approximately 159.2 million people in the labor force and the unemployment rate was 4.9 percent. If the unemployment rate had been 4.5 percent instead of 4.9 percent,

Instructions: Enter your responses rounded to one decimal place.

a. How many fewer workers would have been unemployed?

 ___     million

b. How many more would have been employed?

  ___    million

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Business Economics: In 2016 there were approximately 1592 million people in the
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