QUESTION IMAGE
Question
refer to the table below. calculate the labor force.
| part - time employed for economic reasons | 22 million |
| full time employed | 78 million |
| unemployed | 12 million |
| discouraged | 4 million |
| other marginally attached | 3 million |
| not in the labor force | 30 million |
78 million
100 million
112 million
116 million
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.
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112 million