Use the information provided below to answer the following questions. Suppose a country using the United States' system of calculating official unemployment statistics has 100 million people, of whom 50 million are working age. Of these 50 million, 20 million have jobs. Of the remainder: 10 million are actively searching for jobs; 10 million would like jobs but are not searching; and 10 million do not want jobs at all. Refer to the information above. The labor force is

a. 40 million

b. 60 million. c. 20 million. d. 80 million. e. 100 million.

The workforce is the number of people who are actively seeking work plus people who are able to work, including employees and unemployed who are actively seeking employment, so that within this group do not include mothers or children and adolescents, pensioners, students, or those workers who stopped looking for a job, regardless of the reasons for it.

In this case, we have an initial labor base of 50 million, of which all enter the labor force, even if only 20 million are employed, since it is not said that of these unemployed some amount does not seek employment.

This amount is added to the amount of people in the other group actively seeking employment, which are 10 million, because although there are another 10 million who would like a job, they are not looking for it and therefore are not part of the force labor

Answer

The labor force in that contry is b. 60 million