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Calculate the size of the working age population

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Reference no: EM132285545

a) The current size of the labour force in Micronation is 163,487. The labour force participation rate is recorded as 62.7%. Use this information to find the following.

i. Calculate the size of the working age population.

ii. There are 11,334 people unemployed. Calculate the unemployment rate.

Reference no: EM132285545

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