Category Number of Persons Part Time Employees 30 million People Looking for Work in the last 4 weeks and Have not Worked in the Last Week 9.2 million Full Time Employees 101 million Retirees 15.8 million Full Time Students 13 million Workers that haven't looked because they are marginally attached 4.9 million Workers that haven't looked because they are discouraged 4.1 million Assume the table above includes the population of all individuals age 16 or older in this country. What is the labor force participation rate (as a percentage, but omit the % sign, rounded to the nearest tenth)?   Note:- Please give me proper calculation with correct answer otherwise i give downvote Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Category Number of Persons
Part Time Employees 30 million
People Looking for Work in the last 4 weeks and Have not Worked in the Last Week 9.2 million
Full Time Employees 101 million
Retirees 15.8 million
Full Time Students 13 million
Workers that haven't looked because they are marginally attached 4.9 million
Workers that haven't looked because they are discouraged 4.1 million

Assume the table above includes the population of all individuals age 16 or older in this country.

What is the labor force participation rate (as a percentage, but omit the % sign, rounded to the nearest tenth)?

 

Note:-

Please give me proper calculation with correct answer otherwise i give downvote

Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism.

Answer completely and accurate answer.

Rest assured, you will receive an upvote if the answer is accurate.

 

 

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