country has a total population of 500 people. Of those, 50 are under the age of 16 or institutionalized. 100 are retired. The rest are in the labor force. Of those in the labor force, 25 are part-time workers that would like to be working full time. There are 30 unemployed workers. What is the unemployment rate (rounded to the nearest whole percentage point)?

Q: The BLS survey reported the numbers in the table for a small community of 320 people. Calculate the…

A: Labor force are the members of the working age population who are currently looking for a job or has…

Q: whole story. Discuss what the unemployment rate is telling us. Explain what the unemployment rate…

A: In January , the working age population is given by 254.1 million Out of this , employed = 152.1…

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: how does Statistics Canada measures the actual unemployment rate for Canada for a given year.

A: The actual unemployment rate signifies the overall rate of fluctuations that occur around the…

Q: In 2009, based on concepts similar to those used to estimate U.S. employment figures, the Swedish…

A: Employed are those non-institutionalised individuals who are engaged in formal employment and are…

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: Suppose a country has a working-age population of 200 million, with 6.82 million unemployed and…

A: Unemployment rate refers the rate of the person who willing to work and have skills but dont have…

Q: Find the absolute change in unemployment rate during 2015 (from Jan 15 to Dec 15).

A: If we want to calculate the absolute change in the unemployment rate during 2015, then it can be…

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: Which of the following statements correctly describe discouraged workers? (If none of the choices…

A: Discouraged workers are those workers who have given up looking for a job and have not looked for a…

Q: The CPI measures the price of all consumer goods. Is this true or false?

A: The consumer price index is a widely used indicator of economic inflation and deflation. Inflation…

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: 1)Total Population 330.0 million Adult, noninstitutionalized, non military population  260.0…

A: Here, Total population is given as: 330.0 million Working age population: 260.0 million And  total…

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: Nuku has an unemployment rate of 4.3%. There are 10,430 people who are working or have work. How…

A: "In economics unemployment means people who want to work and are actively seeking for jobs but…

Q: Calculate the unemployment rate if the total number of unemployment people are $13560 and the total…

A: The information being given is as follows:- No of people who are unemployed = 13560  No of people wo…

Q: The term “unemployed” includes all people who want a job, but don’t have one.

A: The term Unemployed define as when a person wants to do work or willingness to do work but he unable…

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: The economy has part time workers of 20 million people, and full time workers of 130 million people.…

A: Unemployment is a persistent issue that arises when certain workers are unable to find employment in…

Q: Within a country - the number of potential workers is 230 million, the participation rate is 64% and…

A: Number of potential workers (adult population): 230 million Participation rate: 64% Number of…

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: Total Civilian Population= 340 million Employed Workers= 123 million  People not looking for work=…

A: The unemployment rate refers to the people who are willing to work and are actively looking for…

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…

Q: Find the relative change in unemployment from January 2005 to December of 2015.

A: Relative change in the unemployment rate from January 2005 to December 2015 can be calculated by…

Q: In an economy, the working-age population iš 100 million Uf this total, 75 million workers are…

A: Working-age population=100 million Employed: People who are working in a paid job=75 million…

Q: An individual who has a job but has been temporarily absent, with or without pay, is classified as…

A: In an economy, there are different types of unemployment and an individual is classified as employed…