Based on the following data, calculate the Labor Force Participation rate to a whole percent. Employed: 155,000,000Unemployed: 6,500,000Not in the Labor Force: 95,000,000
Labor Force = Employed + Unemployed = 155,000,000 + 6,500,000 = 161,500,000
Total population (Labor Force + Not in the Labor Force) = 161,500,000 + 95,000,000 = 256,500,000
Labor Force Participation Rate = (161,500,000 / 256,500,000) × 100 ≈ 63%
Answer: 63%
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