Table 15-5
2010 Labor Data for Tajnia
$$\begin{array} { | l | l | }
\hline \text { Number of adiults employed } & 10,000 \
\hline \text { Number of adults unemployed } & 2,250 \
\hline \text { Number of atults not in the labar force } & 17,750 \
\hline
\end{array}$$
-Refer to Table 15-5. The labor-force participation rate of Tajnia in 2010 is about 40.8 percent.

Question

Table 15-5
2010 Labor Data for Tajnia
 $$\begin{array} { | l | l | } 
\hline \text { Number of adiults employed } & 10,000 \
\hline \text { Number of adults unemployed } & 2,250 \
\hline \text { Number of atults not in the labar force } & 17,750 \
\hline
\end{array}$$
-Refer to Table 15-5. The labor-force participation rate of Tajnia in 2010 is about 40.8 percent.

Quizplus · Accepted Answer

The labor-force participation rate is calculated by dividing the number of employed and unemployed adults by the total number of adults in the civilian noninstitutional population (employed + unemployed + not in the labor force).

So, the labor-force participation rate for Tajnia in 2010 is:

(10,000 + 2,250) / (10,000 + 2,250 + 17,750) = 12,250 / 30,000 = 0.4083 or about 40.8%

Therefore, the statement is true.

Table 15-5 2010 Labor Data for Tajnia -Refer to Table 15-5

Table 15-5
2010 Labor Data for Tajnia -Refer to Table 15-5