Now that Tim is a resident, I need to recalculate Cittadina's unemployment rate. Does the unemployment rate change? Yes, it decreases to 16.67 percent. No, it stays at 20 percent. Yes, it increases to 22.33 percent. 1

Q: The overall population for Region A is 88 million people. The labor force contains 42 million…

A: Unemployment rate is the rate which shows the how much people have skills and able to work but don't…

Q: The economy has part time workers of 40 million people, and full time workers of 140 million people.…

A: According to the Bureau of Labor Statistics, people employed for part-time jobs are considered to be…

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: 1. Why do you think so many Americans are not included in the unemployment rate?

A: The unemployment rate is a proportion of the level of the labor force that is as of now jobless and…

Q: If 15 million people are unemployed and 65 million people are employed, calculate the unemployment…

A: "Unemployment means when people don't have job but are capable of working and are actively looking…

Q: Use the information below to answer the question Population 30 million People between ages 15 and 65…

A: Labor force (LF) = Full time employed + Part time employed + Unemployed = 9 + 1.5 + 1 = 11.5 million

Q: Explain each of the four types of unemployment

A: Unemployment refers to the state of being without a job and actively seeking employment. It is a…

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: If 2 million people are unemployed and 8 million people are employed, calculate the unemployment…

A: The unemployment rate is the percentage of people in the labour force who are unemployed. Measuring…

Q: Does the duration of unemployment matters? Explain your answer.

A: Unemployment in the economy occurs when an individual capable of working and possess the skills to…

Q: Explain the possible causes of unemployment.

A: The possible causes of unemployment can be either from demand side or supply side. Demand side…

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: In 1929 the US had an unemployment rate of approximately 3.2%, or 1.6 million people unemployed, yet…

A: Full employment is an economic situation in which the most productive use is made of all available…

Q: In January 2019, the U.S. economy added 302,000 new jobs. Yet the unemployment rate rose from 3.9%…

A: It is true that even though there was addition of jobs in January 2019, in the U.S, still the…

Q: Suppose statistics show that the number of employed workers has increased in Economy A, but the…

A: Unemployment rate is given as  UR= (Number of unemployed/ total labor force)*100 Total labor force =…

Q: f the number of people in the labor force is 170 million and 155 million people are employed, then…

A: labor force = employed + unemployed thus unemployed= 170-155 mn = 15 million

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: the year 2020, total number of employed was 1,600. There are 10 who were frictionally unemployed,…

A: Structural unemployment occurs due to shift in an economy, it occurs when there is mismatch between…

Q: How is the unemployment rate calculated? Describe the three principal types of unemployment.

A: The unemployment rate is the percentage of number of employed in total labor force.

Q: Chapter 20: Unemployment Page 656 20.2. What can we learn from the employment data? Based on recent…

A: In the data of the labor market we can notice that there is bias in the labor market based on gender…

Q: Bell-land's unemployment rate is 7.2%. The ruler of Bell-land ( a wonderful, wise middle-aged woman…

A: Unemployment is a world wide problem. Basically it is generated due to low demand of labour in…

Q: What are the challenges of the changing unemployment rate?

A: Unemployment: Unemployment is the situation under which the number of willing or able persons is…