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The labor force in country XYZ is 10,000,000 and the number of employed is 7,000,000.Calculate the number of unemployed and the unemployment rate.
President Of The United States
The head of state and head of government of the United States, responsible for enforcing federal laws and serving as the commander-in-chief of the armed forces.
Economists
Professionals who study the production, distribution, and consumption of goods and services, focusing on how individuals, groups, and societies use their resources to meet their needs and wants.
Production Possibilities Frontier
An outline that conveys the peak output possibilities for two products, relying on a compilation of inputs that incorporate resources and other factors.
Mobile Phones
Portable electronic devices that allow users to make voice calls, send text messages, and access various multimedia and internet services.
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