What was the labor force participation rate


Assignment task: Assume that 4 million unemployed individuals become discouraged and decide to not look for a job anymore.

Adult population (220 millions)

Unemployed ( 12 millions)

Employed (135 millions)

What was the labor force participation rate before and after the 4 million unemployed individuals became discouraged?

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Macroeconomics: What was the labor force participation rate
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