What is the number of employed persons if the total labor force equals 700million, the number of unemployed equals 600 million, and the total population is 1000 million

Booster class

Macroeconomics

Skill

Computation of unemployment rate

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Vaishali YadavLv10

22 Oct 2020

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Related questions

If number of employed persons equals 24million, the number of unemployed persons equals 8 million, and the number of persons above the age of 16 years in the population equals 40 million, the unemployment rate equals:

Using the following data, compute, (a) the unemployment rate, (b) the employment rate and (c) the labor force participation rate. The civilian noninstitutional population = 200 million, number of employed persons = 126 million, and number of unemployed persons = 8 million?

The labor force equals the number of people:

a. Unemployed.

b. Employed plus unemployed.

c. Employed.

d. In the working-age population.