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The following is employment information about the country A.
Entire Population 2000
People under the age of 16 300
Retired people 450
Number of people with full time job 500
Number of people with part time job 350
Number of people without a job but looking for one 150
Number of people without a job and not looking for one 150
1. What is the labor force participation rate?
2. What is labor force? And the unemployment rate?
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