Calculate the unemployment rate of the number of unemployed people actively seeking work is 70.67 million and the number of employed people is 845.71 million run your answer to the nearest 10th
Added by Krystal W.
Step 1
The total labor force is the sum of the number of unemployed people actively seeking work and the number of employed people. \[ \text{Total labor force} = \text{Number of unemployed people} + \text{Number of employed people} \] \[ \text{Total labor force} = Show more…
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Calculate the employment rate Please express the answer as a percentage but Do not include the % sign Total Population: 500,270,3/8 Homemakers: 12,874,567 Retired: 42,687,155 Labor Force: 425,314,6/2 Under the Age of 16: 17,322,654 Discouraged Workers: 37,678,228 Employed: 399,482,365 Underemployed: 14,977,312
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