The labor-force participation rate of Belgium in 2017 was 77.78%
1.
Given:
Adult population = 4500
Number of employed in 2017 = 2800
Number of Unemployed in 2017 = 700
Labor force participation rate = (employed + unemployed) / total population × 100
= (2800 + 700) / 4,500 × 100
= 3,500 / 4500 × 100
= 0.777777777777777 × 100
= 77.77777777777777%
Approximately, 77.78%
2.
Given:
Adult Population in 2016 = 3500
Number of employed in 2016 = 1800
Number of Unemployed in 2016= 600
Unemployment rate = unemployed population/ total labor force × 100
= 600 / 3,500 × 100
= 0.171428571428571 × 100
= 17.14285714285714%
Approximately,
17.14 %
Therefore, the unemployment rate of Japan in 2016 was 17.14%
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