Problem
(Measuring Unemployment) The chapter explains the definitions the government employs in measuring unemployment. Interview 10 members of your class to determine their labor market status-employed, unemployed, or not in the labor force. Include yourself, and then compute the unemployment rate and the labor force participation rate for these 11 people.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.