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Given the following data, calculate the labor force participation rate. Population 50 million Number of unemployed 5 million Out of labor force 20 million

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Given the following data, calculate the labor force participation rate.<p /><table width='80%' border='1' cellspacing='1' cellpadding='1''font-weight:inherit;font-style:inherit;font-variant:inherit;font-size:11px;border-spacing:0px;border-collapse:collapse;font-family:'lucida grande', tahoma, verdana, arial, sans-serif;direction:ltr;text-align:left;color:rgb(51, 51, 51);'><tbody> <tr> <td width='50%' valign='top' >Population </td> <td width='50%' valign='top' >50 million </td> </tr> <tr> <td width='50%' valign='top' >Number of unemployed </td> <td width='50%' valign='top' >5 million </td> </tr> <tr> <td width='50%' valign='top' >Out of labor force </td> <td width='50%' valign='top' >20 million </td> </tr></tbody> </table>





 
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