What is unemployment rate-labor force participation rate

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The number of people employed in a city were 128,000. The adult population was 201, 000 and the labor force participation rate was 67%. Based on the figures listed above, what is (1) the unemployment rate, (2)labor force participation rate, (3) number of adults in the "not in L.F." category and (4) how is the economy doing, compared to what? Show your work here

Reference no: EM13837139

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What is unemployment rate-labor force participation rate : The number of people employed in a city were 128,000. The adult population was 201, 000 and the labor force participation rate was 67%. Based on the figures listed above, what is (1) the unemployment rate, (2)labor force participation rate, (3) numbe..
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