QUESTION IMAGE
Question
a city has a population of 200,000 adults. of these, 120,000 are employed, 15,000 are unemployed and seeking work, and the rest are not in the labor force. what is the size of the labor force?
Step1: Recall the formula for labor force
Labor force = Employed + Unemployed.
Step2: Substitute the values
Employed = 120,000, Unemployed = 15,000. Labor force = 120,000 + 15,000.
Step3: Calculate
120,000 + 15,000 = 135,000.
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C. 135,000