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using the table above, the number of people in the labor force is 165 m…

Question

using the table above, the number of people in the labor force is
165 million.
145 million.
185 million.
175 million.
195 million.

Explanation:

Step1: Recall the formula for labor force

Labor force = Employed + Unemployed. Employed includes full - time and part - time workers. Unemployed is the number of people looking for work in the past 4 weeks.

Step2: Calculate the number of employed

Employed = Part - time workers+Full - time workers. So, \(20 + 145=165\) (millions).

Step3: Calculate the labor force

Labor force=Employed + Unemployed. Unemployed = 10 (millions). Then \(165+10 = 175\) (millions).

Answer:

175 million.