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Suppose statistics Canada reported the following data: Labour force participation rate is 70%, adult population is 35 million and the employment ratio is 8%. Calculate the numbe…
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Suppose statistics Canada reported the following data: Labour force participation rate is 70%, adult population is 35 million and the employment ratio is 8%. Calculate the numbe…
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Jan 13, 2024
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Suppose statistics Canada reported the following data: Labour force participation rate is 70%, adult population is 35 million and the employment ratio is 8%. Calculate the number if employed people in the currency.
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To calculate the labor force participation rate, divide the labor force by the population. Convert that decimal into a percentage to see the labor force participation rate
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