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2. Calculate the Unemployment rates and analyze the difference in years. Discuss the implications. Country: Peace...

2. Calculate the Unemployment rates and analyze the difference in years. Discuss the implications.
Country: Peace Land
Year 1
Year 2
Year 3
Population
20,000
22,000
21000
Unemployed
7,000
9,000
6000
Employed
11,000
12,000
10000
Labor Fore
?
?
?
Not in Labor Force
?
?
?
Unemployment Rate
?
?
?
Labor Force Participation Rate
?
?
?
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