A country has a population of 1,000,000. The labor force is 500,000. If the unemployment rate is 10%, how many people are employed? 100,000 50,000 450,000 900,000 A country has a labor participation rate of 60%. The employment rate is 90%. What is the total number of people unemployed if the total population is 20,000,000. 1,000,000 1,200,000 1,500,000 2,000,000 If there are more discouraged workers, then unemployment rate will ____ and labor participation rate will _____. fall, rise rise, rise fall, fall rise, fall
A country has a population of 1,000,000. The labor force is 500,000. If the
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100,000 |
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50,000 |
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450,000 |
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900,000 |
A country has a labor participation rate of 60%. The employment rate is 90%. What is the total number of people unemployed if the total population is 20,000,000.
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1,000,000 |
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1,200,000 |
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1,500,000 |
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2,000,000 |
If there are more discouraged workers, then unemployment rate will ____ and labor participation rate will _____.
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fall, rise |
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rise, rise |
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fall, fall |
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rise, fall |
Ahmed has just graduated with a PhD degree in refinery product optimization. He is currently residing in the Eastern Province looking for a job in the refining industry.
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He is structurally unemployed |
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He is frictionallly unemployed |
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He is cyclically and structurally unemployed |
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He is frictionally and structurally unemployed |
A country has a labor force of 1,000,000 and 50,000 of discouraged workers. The unemployment rate is 10%. If the number of discouraged workers increases to 100,000, then the new unemployment rate is
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10% |
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10.53% |
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5% |
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5.26% |
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