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3. A nation has 100,000 employed people, 10,00 unemployed people, and 5,000 people who have given up looking for jobs. What is the size of its labor force? What is its unemploym…

3. A nation has 100,000 employed people, 10,00 unemployed people, and 5,000 people who have given up looking for jobs. What is the size of its labor force? What is its unemploym…
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4 votes
3. A nation has 100,000 employed people, 10,00 unemployed people, and 5,000 people who have

given up looking for jobs. What is the size of its labor force? What is its unemployment rate?

asked
User Willy Tarreau
by
7.4k points

1 Answer

2 votes

Step-by-step explanation:

Size of labor force = 105,000

Unemployelment rate = 15,000

answered
User ElricL
by
9.2k points
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