You Are Given the Following Statistics About the Economy

question 67

Short Answer

You are given the following statistics about the economy:
Employed: 228 million
Unemployed: 19 million
Answer the following questions to one decimal point:
a.What is the unemployment rate?
b.What is the labor force?

---

Definitions:

Interpersonal Skills

The ability to communicate and interact effectively with others through good listening, clear communication, and empathy.

Motivating

Refers to the process of stimulating interest or enthusiasm for doing something, especially in a work or academic setting.

Enthusiasm

A strong excitement or energy about doing something or participating in something.

Demographic Trends

Patterns and changes in the statistical characteristics of populations over time, including age, race, gender, income, and education level.