A country has a population of 160 million. Out of this population, the number of retired people is 23 million, the number of people below working age (under 16 years) is 39 million, and the number of people under different types of institutional care is 1.5 million. In this country, the number of the employed amount to 75 million people and the unemployed amount to 4 million people. Calculate the following and show your work Working-age population Unemployment rate The economic activity rate

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A: The labor force comprises of total number of people who are actively employed and are looking for…

Q: Table below provide the data of labour force, employment and working age population Labour Force…

A: Unemployment rate = [Unemployed / Labor force] * 100Labor force participation rate = [Labor force /…

Q: Unemployment in Iran (example, unemployment rate, types of unemployment, etc.)

A: Unemployment rate in Iran in 2019 is 11.99% of the total labor force.

Q: What is the difference between being unemployed and being out of the labor force? How do you…

A: Unemployed people are those who do not have a job, have actively sought for employment in the…

Q: n the year 2020, total number of employed was 1,700. There are 110 who were frictionally unemployed,…

A: The unemployment rate refers to the percentage of labor force who does not have a job in hand. The…

Q: For the following data calculate the unemployment rate (round your answer) Population  9 millio…

A: Unemployment rate is the percentage of labor force that is unemployed.

Q: None

A: Labor Force Size:The labor force consists of individuals who are either employed or actively seeking…

Q: Suppose that the adult population is 210 million, and there are 130 million who are employed, and…

A: Unemployment refers to a state at which a person who is actively looking for the work or job but are…

Q: country has a total population of 500 people. Of those, 50 are under the age of 16 or…

A: Unemployment rate is the percentage of labor force that is willing and looking for a job. Labor…

Q: How is the unemployment rate calculated? labor force / work eligible x 100 / employed x 100…

A: The unemployment rate is an important concept in labor economics. It is the percentage of unemployed…

Q: Suppose that the county of Bigu has a population of 127 million, of which 83 million are in the…

A: Answer: Given, Total population of Bigu= 127 million Working-age population= 83 million Employed= 52…

Q: Assume the total population is 3500. Of the total population, 1800 are working full-time. Of the…

A: Given information: Total population = 3500 Full time workers = 1800 Under 16 not working population…

Q: Discuss the different types of Unemployment. Give Examples

A: Unemployment is a condition when a individual actively finding for a job and is unable to find work.…

Q: Calculate unemployment rate if adult population of the nation is 900 people of which 550 people are…

A: Unemployment rate = Number of unemployed workerLabor force×100where Labor force = Employed person +…

Q: The following data pertains to Googa, an economy.  Population:258 million. Population 16 years and…

A: Given information,  Total population: 258 million Population unemployed: 3 million  Population…

Q: Based on each of the following descriptions of an individual, answer whether they would be…

A: A person who is above the minimum age criteria is considered as the labor force. While the person…

Q: The table shows employment statistics for a fictional country. Use the information to answer the…

A: The labor force refers to the total variety of people who are either employed or actively in search…

Q: In June 2009, at the trough of the Great Recession, the Bureau of Labor Statistics announced that of…

A: The labour force consists of each used and idle people. The labour force participation rate is that…

Q: Civilian Civilian Total Total Noninstitutional Labor Employed Population Population Force Persons…

A: The unemployment rate is the percentage of the total labor force that is unemployed but actively…

Q: The accompanying table provides data on the size of the labour force and the number of unemployed…

A: Employed workers = Labor Force - Unemployed workersChange in employed workers = Employed Workers…

Q: Supposed economy has a population of 5000 people. 1000 people are under the age of 16. 1250 people…

A: The population is the total number of people who are in the labor force and who are not in the labor…

Q: Below is a table with US labour market data (in thousands): 1998 Working-age population 205, 220…

A: "Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: Considering an economy with a total labour force of 151 million people, in which 144 million people…

A: Given: Total labor force= 151 million Employed=144 million Searching for job=7 million Adult…

Q: When calculating the employment-population ratio, what goes in the denominator? A. The total…

A: People who are willing to do work and have a paid job are referred as employed. People who are…

Q: Calculate unemployment rate if adult population of the nation is 800 people of which 450 people are…

A: Unemployment is an economic problem that occurs when people who are able and willing to work fail to…