In 2009, based on concepts similar to those used to estimate U. S. employment figures, the Japanese adult non - institutionalized population was 110.272 million, the labor force was 65.36 million, and the number of people employed was 62.242 million. According to these numbers, the Japanese labor-force participation rate and unemployment rate were about

A 56.4% and 2.8%.

B 56.4% and 4.8%.

C 59.3% and 2.8%.

D 59.3% and 4.8%.

Option (D) is correct.

Explanation:

Given that,

Japanese adult non - institutionalized population = 110.272 million

Labor force = 65.36 million

Number of people employed = 62.242 million

Labor force participation rate is calculated as the percent of adult population involved in the labor force.

Labor force participation rate:

= (Labor force : adult non - institutionalized population) * 100

= (65.36 : 110.272) * 100

= 0.5927 * 100

= 59.27% or 59.3%

Unemployment rate is calculated as the percent of people unemployed among the labor force.

Number of people unemployed:

= Total labor force - Number of employed

= 65.36 - 62.242

= 3.118 million

Unemployment rate:

= (Number of people unemployed : Labor force) * 100

= (3.118 : 65.36) * 100

= 0.0477 * 100

= 4.77% or 4.8%