| |
| | [No title] |
 | | The labor-force participation rate is the labor force (144,568,000) divided by the adult population (212,291,000) times 100%, which equals 68%. |
 | | The unemployment rate is the number of unemployed (6,021,000) divided by the labor force (144,568,000) times 100%, which equals 4.2%. |
 | | The labor force constantly increases as the population grows and as labor-force participation increases, so the increase in the number of people employed may always exceed the reduction in the number unemployed. |
| www.mnstate.edu /stutes/Econ204/Sp2003/Key5.htm (728 words) |
|