Mathematics

Eleanor Wells

7 February, 00:42

The United States population is roughly 314 million people (314,000,000). The workforce participation rate, defined as the percent of the population working or looking for work, is 62.8%. The unemployment rate is the percent of the workforce that is looking for work, but cannot find it.

(a) How many people are working or looking for

(b) If the unemployment rate is currently 6.8%, work in the United States? then how many people are unemployed to the

nearest hundred thousand.