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Labor Market Statistics
Type of statistic Number (millions)
Population under the age of 16 16
Population over the age of 16 54
Retirees 14
Discouraged workers 3
Frictionally unemployed 1.5
Structurally unemployed 2.5
Cyclically unemployed 6
a. How many people are in the country's labor force?
b. What is the labor force participation rate?
c. What is the unemployment rate?
d. What is the natural unemployment rate?
e. What is the rate of cyclical unemployment?
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Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"
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