4. Consider the following information about Canadians. There are 28 million Canadians, 2.5 million lives in Atlantic Canada. There are 21 million of the Canadians employed across Canada. 2 million of the Canadians are working in Atlantic Canada. To qualify for E.I (employment insurance) in Canada, one must be unemployed. There are 1 million people across Canada living with E.I. while there are 0.2 million people in Atlantic Canada living with E.I. Define S = {Canadians}, A = {Employed}, B={Atlantic Canada}, C={E.I.} Draw the corresponding Venn diagram. Determine the following probabilities. a. Selecting a non-Atlantic Canada residence living with E.I. b. Selecting an employed Canadian in Atlantic Canada living with E.I. c. Selecting an unemployed Canadian in Atlantic Canada not receiving E.I. d. Selecting a non-E.I. receiver working outside Atlantic Canada.

4. Consider the following information about Canadians. There are 28 million Canadians, 2.5 million lives in Atlantic Canada. There are 21 million of the Canadians employed across Canada. 2 million of the Canadians are working in Atlantic Canada. To qualify for E.I (employment insurance) in Canada, one must be unemployed. There are 1 million people across Canada living with E.I. while there are 0.2 million people in Atlantic Canada living with E.I. Define S = {Canadians}, A = {Employed}, B={Atlantic Canada}, C={E.I.} Draw the corresponding Venn diagram. Determine the following probabilities. a. Selecting a non-Atlantic Canada residence living with E.I. b. Selecting an employed Canadian in Atlantic Canada living with E.I. c. Selecting an unemployed Canadian in Atlantic Canada not receiving E.I. d. Selecting a non-E.I. receiver working outside Atlantic Canada.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter21: Unemployment

Section: Chapter Questions

Problem 7SCQ: Many college students graduate from college before they have found a job. When graduates begin to...

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8. T/F/U. The unemployment rate given that the number of employed workers is 180.5 million the number of non-working citizens is 76.856 million and the number of individuals no longer working and looking for a job is 70.8 million
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16. Assess whether the following would be counted as "unemployed" in the Current Employment Statistics survey. A. A husband willingly stays home with children while his wife works. B. A manufacturing worker whose factory just closed down. C. A college student doing an unpaid summer internship. D. A retiree. E. Someone who has been out of work for two years but keeps looking for a job. F. Someone who has been out of work for two months but isn't looking for a job. G. Someone who hates her present job and is actively looking for another one. H. Someone who decides to take a part time job because she could not find a full time position.
From 1900 to 1901, unemployment fell because between 1901 and 1902, unemployment fell because Table 7.11 1900 1901 1902 Labour Force Unemployment 28,000 4,000 31,000 29,000 3,000 2,000 and Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a the number of jobs increased more than the labour force; the labour force fell more than the number of jobs fell the number of jobs increased more than the labour force; the labour force fell, but the number of jobs increased the labour force increased more than the number of jobs; the labour force fell, but the number of jobs increased the labour force increased more than the number of jobs; the number of jobs increased more than the labour force
a. The following table shows some labour characteristics for a sub-group of the Canadian population in 1998, 2006, 2009 and 2012 (Statistics Canada, Tables14-10-0287-01). The columns are the population of that sub-groups (Pop), the labour force (LF), the employment (E), the unemployments(U), the unemployment rate (UR), the participation rate (PR) and the employment rate (ER). The first four columns are in thousands of individuals and the last three in percentage. Fill the empty cells. Round your answers to the nearest first decimal using the same measurement units. Labour characteristics for a sub-group of the Canadian population in 1998, 2006, 2009 and 2012 (Statistics Canada, Table 14-10-0287- 01) Year Pop LF U UR PR ER 1998 10040 8171 7467 704 Number Number Number 2006 11060 9076 8482 594 6.545 82.061 76.691 2009 11413 Number Number 904 9.692 Number Number 2012 Number 9514 Number Number Number 81.316 74.94 b. Using the above table, what is the new unemployment rate in 2006 if 20…
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