Period 1 Period 2 Jan Jan Working Age Population 64 591 67 153 Labor Force Employed 38 461 40 047 Underemployed 6 883 7 879 Unemployed 2 703 2 469 Labor Force Participation Rate (%) Employment Rate...

Refer to the table attached below to answer the following questions:

1. What is the labor force participation rate for period 2?

2. What is the unemployment rate for period 1?

Period 1<br>Period 2<br>Jan<br>Jan<br>Working Age Population<br>64 591<br>67 153<br>Labor Force<br>Employed<br>38 461<br>40 047<br>Underemployed<br>6 883<br>7 879<br>Unemployed<br>2 703<br>2 469<br>Labor Force Participation<br>Rate (%)<br>Employment Rate (%)<br>93.4<br>94.2<br>Underemployment Rate<br>| (%)<br>17.9<br>19.7<br>Unemployment Rate (%)<br>

Extracted text: Period 1 Period 2 Jan Jan Working Age Population 64 591 67 153 Labor Force Employed 38 461 40 047 Underemployed 6 883 7 879 Unemployed 2 703 2 469 Labor Force Participation Rate (%) Employment Rate (%) 93.4 94.2 Underemployment Rate | (%) 17.9 19.7 Unemployment Rate (%)

Jun 08, 2022

SOLUTION.PDF

Period 1 Period 2 Jan Jan Working Age Population 64 591 67 153 Labor Force Employed 38 461 40 047 Underemployed 6 883 7 879 Unemployed 2 703 2 469 Labor Force Participation Rate (%) Employment Rate...

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