Use the information below to answer the question Population 30 million People between ages 15 and 65 17 million Full time employed 9 million Part time employed 1.5 million Unemployed 1 million What is the workforce participation rate?

Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter6: Macroeconomic Measurements, Part I: Prices And Unemployment
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Use the information below to answer the question
Population
30 million
People between ages 15 and 65
17 million
Full time employed
9 million
Part time employed
1.5 million
Unemployed
1 million
What is the workforce participation rate?
45.5%
81.2%
36.9%
67.6%
Transcribed Image Text:Use the information below to answer the question Population 30 million People between ages 15 and 65 17 million Full time employed 9 million Part time employed 1.5 million Unemployed 1 million What is the workforce participation rate? 45.5% 81.2% 36.9% 67.6%
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