Consider the following data for an economy last year: Total population 383.52 million Part-time workers looking for full-time jobs 15.89 million Unemployed workers who are not actively searching for jobs 9.12 million Retirees and stay-home parents 18.15 million Unemployed workers who are actively searching for jobs 8.71 million Population under 16 years old and or institutionalized 62.25 million Unemployed full-time college students 69.68 million (a) With the data above, clearly show your steps and calculate the economy's official (i) labor force and (ii) unemployment rate.
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- 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 populationa. 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…a. The following table shows some labour characteristics for a sub-group of the Canadian population in 1981, 1986, 1999 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 1981, 1986, 1999 and 2012 (Statistics Canada, Table 14-10-0287- 01) Year 1981 1986 1999 Pop Number 1979 2205 2012 Number Number 2855 LF 876 879 Number 1883 E 839 818 Number Number U 37 61 55 Number UR Number 6.94 5.802 Number PR Number 39.864 Number 42.65 Number ER b. Using the above table, what is the new unemployment rate in 1986 if 20 thousand unemployed…
- Q4a You are given the following data on the annual earnings of residents on Examland, according to the 2020 census. The average earnings of native born workers are $42,500. The average earnings of workers to migrated to Examland between 2015 and 2019 are $39,600. And the average earnings of workers who migrated to Examland between 2010 and 2014 are $41,250. Calculate the entry effect on earnings. Express your answer both in dollars and as a percentage of native- born earnings.Question 1 Identify which of the following people are categorised as part of the labour force. #1 Christopher is a freelance writer working on multiple projects. # 2 Peter is a high school student who helps out at his mother's restaurant. # 3 Anna serves in the military force for her country. #4 Susan is a stay at home parent who sometimes helps her neighbours with lawn mowing. However, she does not want to find a full-time job. Next > MacBook Air O00 000 F41) Consider the following labour market data.Adult Population 150Not in Labour Force 50Unemployed 30Calculate the number of employed, the labour force, the percentage of people not in the labour force, the rate ofunemployment, and the labour force participation rate.
- Between January 2012 and January 2019,U.S. employment increased by 17.3 million workers,but the number of unemployed workers declined byonly 6.3 million. How are these numbers consistentwith each other? Why might one expect a reductionin the number of people counted as unemployed tobe smaller than the increase in the number of peopleemployed?1. Using the following data calculate: 987,156 Currently Working 23,000 volunteer workers 9845 (ages 13-14) looking for work 12,000 (ages 15) looking for work 45,600 Part-Time workers 56 family workers who worked 15 hours a week 234 Self-Employed 6543 discouraged workers 67,432 (ages 23-25) looking for work 67,890 laid off receptionists looking for work 544,321 (ages 16-20) looking for work Current population is 6,000,000 5654 Temp Workers 5000 armed forces 543 recent university graduates that are going back to graduate school 3500 institutionalized (i) The number of persons employed. (ii) The number of persons unemployed. (iii) The labour force. (iv) The Labour Force Participation rate. (v) The “official” unemployment rate.What does the computed figure of the labour force participation rate of 24% tell us about the current economic situation?
- 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 31Assess 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.The Population Survey in Blogsville for the past month is given in the table. In Blogsville last month, how many people were in the labor force and how many people were in the working-age population? In Blogsville last month, million people were in the labour force and were in the working-age population OA 72, 76 OB. 76:90 OC. 83,987 OD. 76: 109 million people Question facts 1.61 million people had full-time jobs 2.11 million people had part-time jobs 3.4 million people were without work but were available for work and had made specific efforts to find a job within the past four weeks or were waiting to be recalled from a layoff or had a new job to start within the next four weeks 4.3 million part-time workers were looking for full-time jobs 5.22 million people of working age did not have jobs and did not want jobs