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David Herrera Jr
on Oct 13, 2024

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If there are 80 million people employed,10 million unemployed,5 million collecting unemployment insurance,and 5 million discouraged workers,there are ____________ in the labor force.

A) 85 million
B) 90 million
C) 95 million
D) 100 million

Labor Force

The labor force comprises all individuals above a certain age who are either employed or actively seeking employment, representing the available workforce for an economy.

Discouraged Workers

Discouraged workers are individuals who are not actively seeking employment due to believing that no jobs are available for them or that they would not qualify for those that are.

  • Acquire knowledge about the components and computation of the labor force as well as the unemployment rate.
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Susanne ArnettOct 13, 2024
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