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refer to the table below. calculate the labor force. |part - time emplo…

Question

refer to the table below. calculate the labor force.

part - time employed for economic reasons22 million
full time employed78 million
unemployed12 million
discouraged4 million
other marginally attached3 million
not in the labor force30 million

78 million
100 million
112 million
116 million

Explanation:

Step1: Recall labor - force formula

The labor force is the sum of the employed and the unemployed. The employed include both full - time and part - time employed.

Step2: Calculate employed

The number of employed is the sum of part - time employed for economic reasons and full - time employed. So, the number of employed $=22 + 78=100$ million.

Step3: Add unemployed

The number of unemployed is 12 million. The labor force $=$ Employed+Unemployed. So, labor force $=100 + 12=112$ million.

Answer:

112 million