5. Tracking jobs and hours with the establishment surveyThe following table contains some employment information from the establishment surveys for October 2017 and November 2017. The numbers in thetable are listed in thousands. For example, the number of employed in the table for October 2017 indicates that about 147.2 million people wereemployed at that time.IndustryTotal nonfarm payroll employmentManufacturingConstructionTrade, transportation, and utilitiesTotal nonfarm payroll employmenta nonfarm payroll employeeManufacturingConstructionEmployment(Thousands of workers)October 2017 November 2017147,23412,4896,98827,553Trade, transportation, and utilitiesTrade, transportation, and utilitiesConstructionbyWhich of the industries listed experienced the smallest change in the number of workers from October 2017 to November 2017 in absolute value?Manufacturing147,45012,5197,03027,602Average Weekly HoursOctober 2017 November 201734.540.939.134.734.441.039.034.5Workers in which of the industries listed worked the fewest hours per week on average in November 2017?workers from October 2017 to November 2017. The average weekly hours of

The term "employment" describes the condition of having a job or being employed, usually in exchange…

5. Tracking jobs and hours with the establishment survey The following table contains some employment information from the establishment surveys for October 2017 and November 2017. The numb table are listed in thousands. For example, the number of employed in the table for October 2017 indicates that about 147.2 million people w employed at that time. Industry Total nonfarm payroll employment Manufacturing Construction Trade, transportation, and utilities Employment (Thousands of workers) October 2017 November 2017 147,234 12,489 6,988 27,553 147,450 12,519 7,030 27,602 Average Weekly Hours October 2017 34.4 41.0 39.0 34.5 November 2017 34.5 40.9 39.1 34.7

5. Tracking jobs and hours with the establishment survey The following table contains some employment information from the establishment surveys for October 2017 and November 2017. The numb table are listed in thousands. For example, the number of employed in the table for October 2017 indicates that about 147.2 million people w employed at that time. Industry Total nonfarm payroll employment Manufacturing Construction Trade, transportation, and utilities Employment (Thousands of workers) October 2017 November 2017 147,234 12,489 6,988 27,553 147,450 12,519 7,030 27,602 Average Weekly Hours October 2017 34.4 41.0 39.0 34.5 November 2017 34.5 40.9 39.1 34.7

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 11RQ: If you an? out of school but working part time, are you considered employed or unemployed in U.S....

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Assess whether the following would be counted as unemployed in the Current Employment Statistics survey. A husband willingly stays home with children while his wife works. A manufacturing worker whose factory just closed down. A college student doing an unpaid summer internship. A retiree. Someone who has been out of work for two years but keeps looking for a job. Someone who has been out of work for two months but isnt looking for a job. Someone who hates her present job and is actively looking for another one. Someone who decides to take a part time job because she could not find a full time position.
What is the difference between being unemployed and being out of the labor force?
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Use the graph to answer the following question. Median Annual Earnings of Full-Time, Year-Round Workers Ages 25-34, by Educational Attainment: 2019 Delars S0.000 0.000 S70.000 70.000 S50,700 60.000 $55,700 S0.000 $44700 S31,700 $40.000 40,000 S35.000 $29,300 30.000 20.000 10.000 Some college, no degree Assodale's degree Bachelor degree Masters or higher degree Al educational Less than High school completion Total ettainment levels high school completion Bachelor's or higher degree Educational atainmest Which of the following statements is supported by the information in the graph? O A. High school graduates earn an average income. B. Investing in education leads to a higher standard of living. O. C. Education has little impact on the earnings of workers. O D. The costs of post-secondary education are greater than the benefits. 7 8 9. 4. W e m b n alt
The following graph shows, in percentages, how much of the paid labor force in the United States consisted of men and how much consisted of women in both 1950 and 2017. Composition of Employment by Gender (%) 100 Men Men Women Women 20 1950 2017
7
The Current Population Survey reports the data for last month: 73 million people had full-time jobs. 10 million people had part-time jobs. 5 million people had no work but were available and had looked for work in the past four weeks. 36 million people of working age did not have jobs and did not want jobs. Calculate last month's labor force and working-age population. 3 tries left Last month, the labor force was was million. A. 98; 134 OB. 93; 124 OC. 88; 134 D. 88; 124 million and the working-age population
JESTION 30 ch of the following includes everyone in the adult population that the Bureau of Labor Statistics counts as unem a. anyone who is not employed b. anyone who is not employed, is available for work, and has looked for work in the past 4 weeks c. anyone who is not employed, is available for work, has looked for work in the past 4 weeks, and anyone who is waiti d. anyone who is not employed, is available for work, has looked for work in the past 4 weeks, anyone who is waiting to employed part time and has searched for full time employment in the past 4 weeks QUESTION 31
nuuiemployment Saved Help Save & Exit Sub The table below shows labour force information for a hypothetical economy, Assiniboia. Finding Participation and Unenploynent Rates in Ass iniboia Total population 15 years and over Those 15 years and over not in the labour force population Morkers with part-time fobs Morkers with full-time 1obs Uneaployed members of the labour force 2019 2020 21.1 million 21.4 million 3.0 aillion 3.1 million" 1.75 illlorf 10.3 willion 500,000 2.00 mil1ion 10.4 million 550,000 a. Calculate Assinibola's labour force population, labour force, participation rate, and official unemployment rate in 2019. Then calculate values for the same variables in 2020. Enter your responses rounded to t decimal place 2019 2020 Labour Force Population nillion Labour Force alllion alllion Participation Rate official Unemployment rate b. Has Assiniboia's official unemployment rate risen or fallen between 2019 and 2020? Has the number of unemployed members of the workforce risen or…
Hawaiian Airlines hires 100 workers, plans to add 170 more Hawaiian Airlines will hire more workers as it expands its fleet. The new hirings are a welcome sign for Hawaii's economy, which lost jobs during the year to May 2009 as the state's unemployment rate rose from 4% to 7%. The labor force was 602,000 in May 2009 and 622,600 in May 2008. Source: USA Today, August 18 Calculate the change in the number unemployed between May 2008 and May 2009. The number unemployed in May 2008 is The number unemployed in May 2009 is The change in the number unemployed between May 2008 and May 2009 is of Enter your answer in each of the answer boxes. MacBook Air DD F11 F12 000 000 F10 80 F8 F9 F6 F7 F5 F4 esc F2 F3 F1 & @ # $ ! 7 8 3 4 5 1 Y [ Q W E tab G H J K
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. Someonewhohasbeenoutofworkfortwoyears 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.
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