The Bureau of Labor Statistics Reported in 2005 That There

question 509

Multiple Choice

The Bureau of Labor Statistics reported in 2005 that there were 59.98 million people over age 25 whose highest level of education was a high school degree or equivalent, 36.40 million of whom were employed and 1.93 million of whom were unemployed. What were the labor-force participation rate and the unemployment rate for this group?

• A) 60.7% and 3.2%
• B) 60.7% and 5.0%
• C) 63.9% and 3.2%
• D) 63.9% and 5.0%

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Definitions:

Carrier

An entity or company that provides transportation services for goods, specializing in moving products from one location to another.

Claim

An assertion of the truth of something, typically one that is disputed or in doubt.

Motor Carrier Cost

The expenses involved in transporting goods via motor vehicles, including fuel, maintenance, and driver wages.

Highly Variable

Refers to situations, processes, or data that exhibit a high degree of variance, indicating significant fluctuations or differences over time.