The table shows employment statistics for a fictional country. Use the information to answer the questions. Round your percentages to two decimal places. Category Number of people Employed 5805...



The table shows employment statistics for a fictional country. Use the information to answer the questions. Round your percentages to two decimal places.























CategoryNumber of people
Employed5805
Unemployed482
Not in the labor force591


What is the total labor force?



















What is the labor force participation rate?














%%





What is the unemployment rate?














%%





Suppose 266266 of the 482482 unemployed people have been unemployed for so long that they stop looking for work.


What is the new labor force?



















What is the new labor force participation rate?














%%





What is the new unemployment rate?














%






Jun 08, 2022
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