Labor Force Characteristics : ( Compute: Population; LFPR; Unemployed; Unemployment rate; Employed; Employment rate; Underemployment rate) The Tuwid na Daan has a labor force of 65M , and those who are out of work is 35M. Break down of those who are institutionalised are as follows: Retirees 5M; below 15 years old 10M; Disabled 5M; and currently enrolled 5M. The Tuwid na Daan government is happy to announce that the number of people working exceeds the number of people looking for work. Although there are 8M working on a job where their skills are higher than necessary. The Tuwid na daan government needs your help, to visualize the economy’s present condition in order to prepare for the future
Labor Force Characteristics : ( Compute: Population; LFPR; Unemployed; Unemployment rate; Employed; Employment rate; Underemployment rate) The Tuwid na Daan has a labor force of 65M , and those who are out of work is 35M. Break down of those who are institutionalised are as follows: Retirees 5M; below 15 years old 10M; Disabled 5M; and currently enrolled 5M. The Tuwid na Daan government is happy to announce that the number of people working exceeds the number of people looking for work. Although there are 8M working on a job where their skills are higher than necessary. The Tuwid na daan government needs your help, to visualize the economy’s present condition in order to prepare for the future
Chapter1: Making Economics Decisions
Section: Chapter Questions
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2. Labor Force Characteristics : ( Compute: Population; LFPR; Unemployed; Unemployment rate; Employed; Employment rate; Underemployment rate)
The Tuwid na Daan has a labor force of 65M , and those who are out of work is 35M. Break down of those who are institutionalised are as follows: Retirees 5M; below 15 years old 10M; Disabled 5M; and currently enrolled 5M.
The Tuwid na Daan government is happy to announce that the number of people working exceeds the number of people looking for work. Although there are 8M working on a job where their skills are higher than necessary.
The Tuwid na daan government needs your help, to visualize the economy’s present condition in order to prepare for the future
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