Unemployment Exercises Calculate labor force, unemployment rate, and labor force participation given the following information. # employed:3 million…

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Unemployment Exercises

Calculate labor force, unemployment rate, and labor force participation given the following information.

# employed: 146.3 million

# unemployed: 6.7 million

Not in labor force: 78.1 million

Labor Force:

Unemployment Rate:

Labor Force Participation:

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