Fill in the blanks to complete the following sentence about labor force and unemployment, assuming country X has the following statistics:total population 16 years old or older = 50,000,000 full-time students = 4,200,000 not employed and not currently searching for jobs = 6,000,000 not employed but currently searching for jobs=2,336,000 currently employed = 29,664,000 Drag words below to fill in the blank(s) in the passage. Country X has a labor force of, a labor force participation rate of, and an unemployment rate of.

Country X has a labor force of 32 million, a labor force participation rate of 64 %, and an unemployment rate of 7.3%.

Labor Force:

They are those people in the country that can work.

Labor force = Unemployed people + Employed

Unemployed people are those looking for jobs.

Labour force = 2,336,000 + 29,64,000

Labor force = 32,000,000 people

Labor Force Participation Rate:

The percentage of labor force in working age  in the country.

= 64%

Unemployment rate:

It is the percentage of employed people to the population of the country.

= 7.3%

Therefore, The unemployment rate in the country is 7.3%.

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Country X has a labor force of 32,000,000, a labor force participation rate of 64%, and an unemployment rate of 7.3%.

Labor force:

= Unemployed people + Employed

Unemployed people here are those looking for jobs.

= 2,336,000 + 29,64,000

= 32,000,000 people

Labor force participation rate:

= Labor Force / Population of working age

= 32,000,000/50,000,000

= 64%

Unemployment rate:

= Unemployed / Labor force

= 2,336,000/ 32,000,000

= 7.3%

answer; importance to people; or acceptance;