Compute the unemployment rate as the us bureau

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Q. (a) The nation of Wrexington utilizes the same method to Compute the unemployment rate as the U.S. Bureau of Labor Statistics utilizes. From the data below, Compute Wrexington's unemployment rate.

(b) How large is Wrexington's labor force?

(c) Not all of Wrexington's citizens are accounted for in part a. How are the missing citizens classified? Give some examples of illustrate what they may be doing.

 

Reference no: EM1344264

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