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The Labor Force calculator computes the total number of both employed and unemployed individuals.
INSTRUCTIONS: Enter the following:
- (EM) Number of employed laborers in a workforce.
- (UNEM) Number of unemployed laborers in a workforce
Labor Force (LF): The calculator returns the number of people in the labor force.
Macroeconomics Calculators
- Income Elasticity of Demand
- Cross-Price Elasticity of Demand
- Price Elasticity of Demand
- Price Elasticity of Supply
- Total Surplus
- Consumer Surplus
- Producer Surplus
- GDP Growth
- GDP Deflator
- GDP by Income
- GDP Expenditure
- Net Capital Outflow
- Net Exports and Net Capital Outflow
- Dollar Conversion from Different Times
- Unemployment Rate (Friedman and Phelps)
- National Saving
- Domestic Investment
- Unemployment Rate
- Inflation Rate in Year 2 (using CPI)
- Labor Force
- Labor-Force Participation Rate
- Net Exports
- Real Exchange Rate
- Currency Converter
- Midpoint Method for Price Elasticity of Demand
- Income Elasticity of Demand
- Simple Price Elasticity of Demand
Resource:
- Mankiw, N. Gregory. "Chapter 15:Identifying Unemployment." Principles of Macroeconomics. 6th ed. Mason, OH: Thomson/South-Western, 2004. 298-99. Print.
