In March in the United States, of the population of 334 million people: 68 million are people
under age 16, in an institution, and in the military. 99 million are adults who are not doing
paid work or looking for work because they are doing full-time family care, are retired or
disabled, or are in school. 160 million are employed in paid work. Calculate the following:
1. The number of unemployed (in millions of people)
2. The size of the labor force (in millions of people)
3. The unemployment rate (in %)
4. The labor force participation rate (in %)