The Bureau of Labor Statistics Reported in 2005 That There

question 116

Multiple Choice

The Bureau of Labor Statistics reported in 2005 that there were 53.23 million people over age 25 who had at least a bachelor's degree,40.59 million of whom were employed and .98 million of whom were unemployed.What were the labor-force participation rate and the unemployment rate for this group?

• A) 76.3% and 1.8%
• B) 76.3% and 2.4%
• C) 78.1% and 1.8%
• D) 78.1% and 2.4%

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Definitions:

Par Value

The face value of a bond or share of stock as stated on the certificate, which is not necessarily indicative of the market value.