. Using the following data calculate: 987,156 Currently Working 23,000 volunteer workers 9845 (ages 13-14) looking for work 12,000 (ages 15) looking for work 45,600 Part-Time workers 56 family workers who worked 15 hours a week 234 Self-Employed 6543 discouraged workers 67,432 (ages 23-25) looking for work 67,890

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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1. Using the following data calculate:

987,156 Currently Working

23,000 volunteer workers

9845 (ages 13-14) looking for work

12,000 (ages 15) looking for work

45,600 Part-Time workers

56 family workers who worked 15 hours a week

234 Self-Employed

6543 discouraged workers

67,432 (ages 23-25) looking for work

67,890 laid off receptionists looking for work

544,321 (ages 16-20) looking for work

Current population is 6,000,000

5654 Temp Workers

5000 armed forces

543 recent university graduates that are going back to graduate school

3500 institutionalized

 (i) The number of persons employed. 

(ii) The number of persons unemployed. 

(iii) The labour force. 

(iv) The Labour Force Participation rate. 

(v) The “official” unemployment rate. 

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