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Question: the table below provides some labor statistics for years 1995...

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The table below provides some labor statistics for years 1995, 2000 a table, please respond the questions below 2. nd 2005. Using the Variable 1995 2000 2005 Population Adult population Adult population able to 26,000,000 27,000,000 28,000.000 18,000,000 19,000,000 20,500.000 18,800,000 20,000.000 17.900.000 work Adult population able 15,700,000 16,500,000 18,000,000 and wanting to work Number employed Number unemployed 14.000,000 14,500,000 15,000,000 1.000.000 1,500,000 2.500,000 a) Define labor force. For each year find the labor force. Define the term discouraged workers. For each year find the number of discouraged workers. b) c) Define the labor-force participation rate. Calculate it for each year. d) Calculate the unemployment rate for each year.
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