... Finally, the employment to population ratio equals 63,000 /10 0,000 = 63%. www .cfa- aficionado.cjb.net www.marbella.to /cfa- aficionado 10 81 Questions + Answers of the CFA EXAM ... of the labor force. The working definition of adults used by Dept. of Labor is "people above the age of 16 ." Therefore, the labor force participation rate equals 76,000/83,000 = 91. 57%. ... 76,000. The unemployment rate is defined as the fraction of the labor force unemployed. In this case, (76 - 63)/76 = 17 .11 %. The labor force participation rate is defined as the fraction of able-bodied...