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