View the step-by-step solution to:

The Bureau of Labor Statistics reported that in April comma 2018 April, 2018 , the labor force was 161 comma 539 comma 000 161,539,000 , employment

The Bureau of Labor Statistics reported that in April comma 2018


April, 2018​, the labor force was161 comma 539 comma 000


161,539,000​, employment was155 comma 474 comma 000


155,474,000​, and the​ working-age population was257 comma 454 comma 000


257,454,000.

Calculate for that month the labor force participation rate and the unemployment rate.


​>>> Answer to the nearest 1 decimal place.



The labor force participation rate was

nothing


percent.

Top Answer

The labor force participation... View the full answer

Sign up to view the full answer

Other Answers

unemployed=161,539,000-155,474,000 =6,065,000... View the full answer

1 comment
  • Correction for unemployment rate=6,065,000/161,539,000 , =0.03754 , =0.03754*100 , =3.75% , =3.8%
    • ProWriterDavid
    • Jun 13, 2018 at 4:09am

Labor force participation... View the full answer

Unemployment rate = 3.8%... View the full answer

Unemployment rate = 3.8%... View the full answer

Labor force participation... View the full answer

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

-

Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question
Ask a homework question - tutors are online