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Unemployment UnemploymentExercise 1: Use the following information and answer the question. Total civil population=250, occupied=150, unemployed=12. Find the labor forceHow many people are out of the labor forceWhat this the participation level ? what is the unemployment levelWhat is the non-employment rate? Solution : a) Labor force: 150+12=162 (it is the population that can work) b)250-162=88 (who.
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