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Labor force participation rate for economy

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Reference no: EM132479089

Suppose an economy is given? by:

Population? = 279 million

?Working-age population? = 153 million

Labor force? = 104 million

The number of people employed? = 96 million

The number of people unemployed? = 8 million

The labor force participation rate for this economy is __?%. ?(Enter your response rounded to one decimal? place.)

Reference no: EM132479089

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