Calculate the labor force participation rate for 2001

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Reference no: EM13237402

In 2001, Statistics Canada estimated the labor force at 16,109.8 thousand, employment at 14,946.2 thousand, and the working-age population (15+ years of age) at 24,444.3 thousand.

a)Calculate the labor force participation rate for 2001.

b)Calculate the unemployment rate 2001.

c)Calculate the employment-to-population ratio for 2001.

Reference no: EM13237402

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