23,000 volunteer workers 12,000 (ages 15) looking for work 987,156 Currently Working 9845 (ages 13-14) looking for work 45,600 Part-Time workers 56 family workers who worked 15 hrs a week 234 Self-Employed 67,432 (ages 23-25) looking for work 6543 Discouraged Workers 67,890 laid off receptionists looking for work Current population is 6,000,000 544,321 (ages 16-20) looking for work 5654 Temp Workers 543 recent university graduates that are going back to graduate 5000 armed forces 3500 institutionalized school Ising the data above calculate: The number of persons employed. The number of persons unemployed. i 11. 11 The labour force.
23,000 volunteer workers 12,000 (ages 15) looking for work 987,156 Currently Working 9845 (ages 13-14) looking for work 45,600 Part-Time workers 56 family workers who worked 15 hrs a week 234 Self-Employed 67,432 (ages 23-25) looking for work 6543 Discouraged Workers 67,890 laid off receptionists looking for work Current population is 6,000,000 544,321 (ages 16-20) looking for work 5654 Temp Workers 543 recent university graduates that are going back to graduate 5000 armed forces 3500 institutionalized school Ising the data above calculate: The number of persons employed. The number of persons unemployed. i 11. 11 The labour force.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![987,156 Currently Working
23,000 volunteer workers
12,000 (ages 15) looking for work
9845 (ages 13-14) looking for
work
45,600 Part-Time workers
56 family workers who worked 15
hrs a week
234 Self-Employed
67,432 (ages 23-25) looking for
work
6543 Discouraged Workers
67,890 laid off receptionists
looking for work
Current population is 6,000,000
544,321 (ages 16-20) looking for
work
5000 armed forces
5654 Temp Workers
543 recent university graduates
that are going back to graduate
school
3500 institutionalized
Using the data above calculate:
The number of persons employed.
The number of persons unemployed.
The labour force.
i.
ii.
111.
The Labour Force Participation rate.
The "official" unemployment rate.
1V.
V.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F65d45473-5d0f-4c8f-9bde-048d2f5a4289%2F062a9c84-cce4-49a4-9e07-7f4f87961acc%2F3bz9uo_processed.png&w=3840&q=75)
Transcribed Image Text:987,156 Currently Working
23,000 volunteer workers
12,000 (ages 15) looking for work
9845 (ages 13-14) looking for
work
45,600 Part-Time workers
56 family workers who worked 15
hrs a week
234 Self-Employed
67,432 (ages 23-25) looking for
work
6543 Discouraged Workers
67,890 laid off receptionists
looking for work
Current population is 6,000,000
544,321 (ages 16-20) looking for
work
5000 armed forces
5654 Temp Workers
543 recent university graduates
that are going back to graduate
school
3500 institutionalized
Using the data above calculate:
The number of persons employed.
The number of persons unemployed.
The labour force.
i.
ii.
111.
The Labour Force Participation rate.
The "official" unemployment rate.
1V.
V.
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