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Scenario: The Employment Rate
A group of 10 people includes 3 retirees, 2 part-time workers, 2 discouraged workers, 1 unemployed worker, and 2 full-time workers.
-(Scenario: The Employment Rate) Look at the scenario The Employment Rate. The labor force participation rate is:
A)30%.
B)50%.
C)70%.
D)80%.

Question

Quizplus · Accepted Answer

The labor force includes those who are employed or actively seeking employment, which includes the part-time workers, unemployed worker, and full-time workers. Therefore, the labor force is 5 out of the total group of 10 people, which is 50%.

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