Population of working people - 21397

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Gapteeth

Gapteeth

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  • From: Business,
  • Due on: Sat 03 Aug, 2013 (07:45am)
  • Asked on: Sat 03 Aug, 2013
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Description

Suppose that the country of Bigu has a population of 127 million, of which 83 million are in the working-age population. Of those, 2.5 million are not in the labor force and 52 million are employed.

a. Calculate the working-age population as a percentage of the population.

b. Calculate the labor-force participation rate.

c. Calculate the unemployment rate.

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Population of working people
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Population of working people
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