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The Republic of Livonia has an adult population of 100 million; 60% of Livonia's population is employed, and 10% of the people are unemployed. The labor force participation rate in Livonia is _____%. 60 70 7 10

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temitopefasola11

Answer:

3 out of every 5 people

Explanation:

Labor force = 60% of 100 M = 60M

Labor force participation rate = Labor force / Total Population

= 60,000,000 / 100,000,000

= 6/10 = 3/5

The rate therefore is :

3 out of every 5 people are in the labor force

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