In the Lake of the Ozarks, 12,000 people have a paying job, 2,000 do not have a job but have actively looked for a job in the previous week, and 6,000 of the working-age adults are not in the labour force. The labour force participation rate is ______ percent.

In the Lake of the Ozarks, 12,000 people have a paying job, 2,000 do not have a job but have actively looked for a job in the previous week, and 6,000 of the working-age adults are not in the labour force. The labour force participation rate is ______ percent.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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