Answer :
Final answer:
The labor force is 154 million. The labor force participation rate and unemployment rate cannot be calculated without the adult population. The adult population is 261.4 million.
Explanation:
To calculate the labor force, we add the number of employed workers and the number of unemployed workers:
Labor force = Employed workers + Unemployed workers
Labor force = 145.1 million + 8.9 million
Labor force = 154 million
The labor force is 154 million.
The labor force participation rate is calculated by dividing the labor force by the adult population and multiplying by 100:
Labor force participation rate = (Labor force / Adult population) * 100
Labor force participation rate = (154 million / Adult population) * 100
To calculate the unemployment rate, we divide the number of unemployed workers by the labor force and multiply by 100:
Unemployment rate = (Unemployed workers / Labor force) * 100
Unemployment rate = (8.9 million / 154 million) * 100
The adult population can be calculated by adding the labor force, the number of unemployed workers, and the number of people not in the labor force:
Adult population = Labor force + Unemployed workers + Not in labor force
Adult population = 154 million + 8.9 million + 98.5 million
Adult population = 261.4 million
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Final answer:
The labor force is 154 million. The labor force participation rate and unemployment rate cannot be calculated without the adult population. The adult population is 261.4 million.
Explanation:
To calculate the labor force, we add the number of employed workers and the number of unemployed workers:
Labor force = Employed workers + Unemployed workers
Labor force = 145.1 million + 8.9 million
Labor force = 154 million
The labor force is 154 million.
The labor force participation rate is calculated by dividing the labor force by the adult population and multiplying by 100:
Labor force participation rate = (Labor force / Adult population) * 100
Labor force participation rate = (154 million / Adult population) * 100
To calculate the unemployment rate, we divide the number of unemployed workers by the labor force and multiply by 100:
Unemployment rate = (Unemployed workers / Labor force) * 100
Unemployment rate = (8.9 million / 154 million) * 100
The adult population can be calculated by adding the labor force, the number of unemployed workers, and the number of people not in the labor force:
Adult population = Labor force + Unemployed workers + Not in labor force
Adult population = 154 million + 8.9 million + 98.5 million
Adult population = 261.4 million
Learn more about calculating labor force and labor force participation rate here:
https://brainly.com/question/33443351
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