-The Bureau of Labor Statistics reported the data in the table above for October 2003.
a) Calculate the number of people unemployed.
b) Calculate the number of people who are not in the labor force
c) Calculate the unemployment rate.
d) Calculate the labor force participation rate.
Definitions:
Bill Of Rights
The first ten amendments to the United States Constitution, ratified in 1791, guaranteeing such rights as the freedoms of speech, assembly, and worship.
Glorious Revolution
The overthrow of King James II of England in 1688 by a union of English Parliamentarians with the Dutch stadtholder William III of Orange-Nassau, leading to a constitutional monarchy in Britain.
Chesapeake Labor Force
Historically refers to the workforce in the Chesapeake Bay area, notably including both free and enslaved laborers, primarily in agricultural settings.
Eighteenth Century
A term referring to the period from 1701 through 1800 in the Gregorian calendar, marked by significant developments in various fields such as science, politics, and philosophy.
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