The table blow shows recent population and labour force data for a country X. Total population (millions) - 2,2300,000 Civilian population (over 18 years) -18,099,700 Labour force =11,819,500 Employed persons 11,212,300 Based on the information above, calculate the unemployment rate and the participation rate

The table blow shows recent population and labour force data for a country X. Total population (millions) - 2,2300,000 Civilian population (over 18 years) -18,099,700 Labour force =11,819,500 Employed persons 11,212,300 Based on the information above, calculate the unemployment rate and the participation rate

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter7: Unemployment And Inflation

Section: Chapter Questions

Problem 1E

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