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What is the labor-force participation rate

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Reference no: EM132417920

Suppose that the monthly jobs report published the entire adult population of the state as follows: 25 million people employed, 3 million people unemployed, 1 million discouraged workers, and 1 million people who are either students, homemakers, retirees, or other people not seeking employment.

What is the labor-force participation rate?

Reference no: EM132417920

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