Thursday, July 16, 2009

Macroeconomics question about unemployment/BLS?

The BLS reported in 2005 that there were 50.40 million people over age 25 whose highest level of education was some college or an associate degree. 33.86 million of them were employed and 1.27 million of them were unemployed. About what were the labor-force participation rate and the unemployment rate for this group?



a. 69.7%, 3.6%



b. 69.7%, 2.5%



c. 67.2%, 3.6%



d. 67.2%, 2.5%



Macroeconomics question about unemployment/BLS?bad credit loan





A

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