Economics

The labor-force participation rate shows the percentage of A) non-ins

The labor-force participation rate shows the percentage of A) non-institutionalized working-age people who are actually working or seeking employment. B) people not working, but who want to work. C) new entrants into the labor force. D) people who are not actively participating in meaningful economic activity.   ANSWER A

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Date: September 2nd, 2020

The rate of unemployment is calculated as the number of A) people in

The rate of unemployment is calculated as the number of A) people in the civilian labor force divided by the number of unemployed. B) employed workers divided by the number of unemployed workers. C) unemployed divided by the number of people in the civilian labor force. D) unemployed workers divided by the number of employed […]

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Date: September 2nd, 2020