Asked by 111

Consider the following data for the United States for March of 2023
​:
Total Population=334.691 thousand
​Adult, noninstitutionalized, nonmilitary population=266 .272 thousand
Unemployed adults=5.839 thousand
Using the information provided​ above, complete the questions below.
​*Real-time data provided by Federal Reserve Economic Data​ (FRED), Federal Reserve Bank of Saint Louis.

a.
If the labor force participation rate is 62.6​%,
calculate the size of the labor force
​
Answered by 111
b.
The number of employed adults is enter your response here

thousand. ​(Enter your response rounded to the nearest whole​ nmber.)
Answered by 111
c.
The unemployment rate is enter your response here
​%.
​(Enter your response as a percentage rounded
to two decimal​ places.)
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