Labor statistics issued statistics about population-labor

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Reference no: EM13803296

Suppose that the Bureau of Labor Statistics issued statistics about the population and labor as the following:

Adult Population: 2.6 million, Labor- Force: 1.5 million, Employed Worker: 1.2 million, then:

What is the number of unemployed?

What is the Unemployment Rate?

What is the Labor- Force participation Rate?

How can the government reduce the effects of Unemployment Rate?

Reference no: EM13803296

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