the initial distribution of the population aged 16 and older into three​ groups: people who are​ employed, those who are​ unemployed, and those not in the labor force. If the number of people employed were to expand by 9.2​ million, and the number of people unemployed were to rise by 7.1​ million, what would be the new values of the labor force and of the unemployment​ rate?

Answer 1

Without knowing the initial values of the population aged 16 and older, we cannot calculate the new values of the labor force and unemployment rate.

Answer 2

the initial are
employed =101.5
unemployed=7.4
not in labor force=100.2

Answer 3

Given the initial values of the population aged 16 and older are:

- Employed=101.5 million
- Unemployed=7.4 million
- Not in labor force=100.2 million

If the number of people employed were to expand by 9.2 million, the new number of employed people would be:

101.5 million + 9.2 million = 110.7 million

If the number of unemployed people were to rise by 7.1 million, the new number of unemployed people would be:

7.4 million + 7.1 million = 14.5 million

The new labor force would be the sum of the employed and unemployed, which is:

110.7 million + 14.5 million = 125.2 million

The new unemployment rate can be calculated as:

14.5 million / 125.2 million x 100% = 11.6%

Therefore, the new values of the labor force and the unemployment rate would be 125.2 million and 11.6%, respectively.