In January   2019 , the labor force was 163.2 million, employment was 156.9 million, and the working-age population was 258.2 million. Calculate the unemployment rate in January   2019 .   The unemployment rate was enter your response here percent. >>> Answer to 1 decimal place.

Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter8: Economic Fluctuations, Unemployment, And Inflation
Section: Chapter Questions
Problem 5CQ
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In
January
 
2019
,
the labor force was
163.2
million, employment was
156.9
million, and the working-age population was
258.2
million.
Calculate the unemployment rate in
January
 
2019
.
 
The unemployment rate was
enter your response here
percent.
>>>
Answer to 1 decimal place.
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