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The labor force participation rate for January 2017 is given as:
A42.9 percent
B82.9 percent
C92.9 percent
D62.9 percent
Answer & Solution
Correct answer: D. 62.9 percent
1. Participation measures how much of the adult population is in the labor force.
2. The labor force excludes those not working and not looking for work.
3. For the data from January 2017 the participation rate is given.
4. That rate is 62.9 percent.
_Source: OpenStax Principles of Macroeconomics for AP Courses 2e (CC BY 4.0), Ch 7 'Unemployment'_
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