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The question states to fill in the table that follows. I have formulas that can solve for the missing pieces, but so many are missing that I can't solve for any of the blanks. Can you give me any clues as to where to start.
working-age population _______
Employment 141,578,000
Unemployed _______
unemployed rate 8.06%
Labor force _______
labor force particiation rate 65.55%
The formulas I have are:
LF= Employed + unemployed (but looking for job)
UNR= # of unemployed/ LF x100
LFPR= LF/WAP
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