Country of economica the total labor force

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In the country of Economica, the total labor force consists of 15,000 workers. 750 of these workers are unemployed, and thus the current unemployment rate is 5.0%.This year, 300 workers will lose their jobs, 255 workers will return to the labor force after an absence, 150 workers will voluntarily leave their jobs, and 750 new workers will enter the labor force. At the same time, 1244 workers will find jobs, and 450 workers will retire or leave the labor force for other reasons. Thus, at the end of the year, the labor force will consist of how many workers, and the unemployment rate will be what %?

Reference no: EM131381473

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