Unformatted text preview: In August, 2000, the civilian non-institutionalized population was 209.935 million. The civilian labor force consisted of 140.912 million people. The civilian labor force consists of the civilian, non-institutional population that are either working or are actively looking for work This means 69 193 million persons were not . This means 69.193 million persons were not considered in the civilian labor force. Of the 140.742 million in the labor force, 134.912 million were employed, 5.829 million were unemployed (no job, but wanted one and were actively looking for one). This information provides the means to calculate the unemployment rate: (5.829 million / 140.742 million) * 100 = 4.14% 24...
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This note was uploaded on 12/29/2011 for the course ECO 210 taught by Professor Malls during the Fall '10 term at SUNY Stony Brook.
- Fall '10