987,156 Currently Working 9845 (ages 13-14) looking for work 23,000 volunteer workers 12,000 (ages 15) looking for work 56 family workers who worked | 15 hrs a week 6543 Discouraged Workers 67,890 laid off receptionists looking for work 45,600 Part-Time workers 234 Self-Employed 67,432 (ages 23-25) looking for work 544,321 (ages 16-20) looking for work | Current population is 5654 Temp Workers 543 recent university graduates that are going back to graduate school 6,000,000 5000 armed forces | 3500 institutionalized
987,156 Currently Working 9845 (ages 13-14) looking for work 23,000 volunteer workers 12,000 (ages 15) looking for work 56 family workers who worked | 15 hrs a week 6543 Discouraged Workers 67,890 laid off receptionists looking for work 45,600 Part-Time workers 234 Self-Employed 67,432 (ages 23-25) looking for work 544,321 (ages 16-20) looking for work | Current population is 5654 Temp Workers 543 recent university graduates that are going back to graduate school 6,000,000 5000 armed forces | 3500 institutionalized
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
Calculate the following
1.The Labour Force Participation rate
2.The “official”
![987,156 Currently Working
9845 (ages 13-14) looking for work
23,000 volunteer workers
12,000 (ages 15) looking for
work
45,600 Part-Time workers
56 family workers who worked.
15 hrs a week
6543 Discouraged Workers
67,890 laid off receptionists
looking for work
234 Self-Employed
67,432 (ages 23-25) looking for work
544,321 (ages 16-20) looking for work Current population is
6,000,000
5654 Temp Workers
543 recent university graduates that
are going back to graduate school
5000 armed forces
3500 institutionalized](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F33fa2497-0592-459b-9cb4-511f7399e0d4%2F386d7f34-27c1-4de7-9817-93d81ad806a2%2F420d19_processed.png&w=3840&q=75)
Transcribed Image Text:987,156 Currently Working
9845 (ages 13-14) looking for work
23,000 volunteer workers
12,000 (ages 15) looking for
work
45,600 Part-Time workers
56 family workers who worked.
15 hrs a week
6543 Discouraged Workers
67,890 laid off receptionists
looking for work
234 Self-Employed
67,432 (ages 23-25) looking for work
544,321 (ages 16-20) looking for work Current population is
6,000,000
5654 Temp Workers
543 recent university graduates that
are going back to graduate school
5000 armed forces
3500 institutionalized
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