Suppose you are given the following data (in persons): Category Total Population No. of Persons 2,000,000 860,000 300,000 Working-Age Population Employed Unemployed 120,000 Discouraged Workers 80,000 What is the employment-to-population ratio (round to nearest whole pefcentage)? a. 15 percent .b. 29 percent c. 35 percent d. 49 percent e. none of the above is correct.

Suppose you are given the following data (in persons): Category Total Population No. of Persons 2,000,000 860,000 300,000 Working-Age Population Employed Unemployed 120,000 Discouraged Workers 80,000 What is the employment-to-population ratio (round to nearest whole pefcentage)? a. 15 percent .b. 29 percent c. 35 percent d. 49 percent e. none of the above is correct.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

Age Employed (Thousands of People) Unemployed (Thousands of People) Not in Labor Force (Thousands of People) 16 to 19 years 5,074 827 10,853 20 to 24 years 14,132 1,127 6,137 25 to 54 years 98,833 3,850 23,014 55 to 64 years 26,064 835 14,792 65 years and over 9,234 343 39,964 Total 153,337 6,982 94,759 1) What is the national Unemployment rate? 2) Complete the following table by computing the unemployment rate for each age group. Age Unemployment Rate 16 to 19 years 20 to 24 years 25 to 54 years 55 to 64 years 65 years and over 3) Which of the following groups has an unemployment rate lower than the national average unemployment rate?
3. Calculate items A, B, and C in the table below. Employment Status August 2020 Civilian noninstitutional populationt 260,558 160,838 Civilian labor force Participation rate Employed Employment-population ratio Unemployed Unemployment rate A 147,288 56.5% Not in labor force 99,720 All numbers in Thousands. Source: Bureau of Labor Statistics. †The number of persons who in principle could work.
Compare the agricultural employment share and agricultural labor productivity, boththe level and the trend, between the two groups of countries(high-income vs. low-income countries). What can you tell about the differences?
Calculate the labour absorption capacity for below: year - 2020 labour Force - 50 Number of employed in formal sector: 50 Year: 2021 Labour Force: 100 number of employed in formal sector: 10
Three examples of people over 15 years of age, not participating in the labour force are and 19
Level of Education Number of Economically Active People (in millions) Number of Unemployed People (in millions) Master's degree 25.1 1.1 Bachelor's degree 57.6 3.4 Associate degree 23.8 1.9 Some college 52.4 5.2 High school diploma 59.6 6.4 Less than high school diploma 21.5 3.5 Determine the unemployment rates for all levels of education. Enter the answer for the category with the highest unemployment rate in the box below and round to one decimal place if necessary.
If Macroland had the following information 200 - Employed Workers 100 - Not working, but still looking for a job 100 - Students not looking for a job 100 - Retired workers 100 - Children What is the Employment to Population Rate? Your answer should be a percentage
The U.S. Census Bureau provides considerable demographic information that is useful for marketers. Assume that the following table provides a sample of such population data. What percentage change in the total and Hispanic populations occurred in each state between 2000 and 2010? 2000 2010 State Total Hispanic Total 9,687,420 9.883.092 37,251,362 Hispanic 853.287 436,920 14,011,654 Georgia Michigan 8,164,625 9,930,936 33.884,973 434.140 323,565 California 10,966,610 Fill in the table below. (Round to one decimal place.) 2000-2010 2000-2010 State Percentage change in the total Percentage change in the Hispanic population population Georgia 15.7 % 49.1%
FIGURE 12.5 U.S. Racial-Ethnic Groups Americans of European Descent German 50,272,000 16.5% Irish 36,278,000 11.9% 199,491,000 65% English/British 28,630,000 9.4% Italian 17,749,000 5.8% French 11,526,000 3.8% Polish 9,887,000 3.25% Scottishd 9,365,000 3.1% Dutch 4,929,000 1.6% Norwegian 4,643,000 1.5% Swedish 4,390,000 1.4% Russian 3,130,000 1.0% Welsh 1,980,000 0.6% Czech 1,914,000 0.5% Hungarian 1,539,000 0.5% Danish 1,459,000 0.5% Portuguese 1,419,000 0.5% Greek 1,351,000 0.4% 997,000 839,300 Swiss 0.3% Others 0.2% Americans of African, Asian, North, Central, and South American, and Pacific Island Descent Latino 46,944,000 15.4% African American 39,059,000 12.8% Asian American 13,549,000 4.5% Native American9 3,083,000 1.0% 104,743,000 34% Arab 1,546,000 0.5% Claim Two or More Race-Ethnicities 5,167,000 1.7% Overall Total: 4% 8% 12% 16% 20% 309,401,000 Percentage of Americans Source: By the author, Based on Statistical Abstract of the United States 2010:Table 10; 2011:Table 52. 4)…
Cumulative Percentage of National Income 100 50 10 Country A 0 50 80 Figure 1 A7. 100 Percentage of the Population Refer to FIGURE 1. Calculate the Gini coefficient for country A.
The following table shows the labor market data for the U.S. working age population for 2022. The data are from the Bureau of Labor Statistics (I have made slight modifications to some of the numbers in order to get nice ratios). Civilian non-institutional population Civilian labor force Men 25 to 54 Years old 63,122,000 55,900,843 Women 25 to 54 Years old 64,039,000 48,934,000 Here is the issue. In the United States childcare services are very expensive: about $10,000 to $15,000 per child per year, depending on the state. This means that a low-income family with two kids and an annual income of, say $40,000, has to pay 50% to 75% of its income to childcare. Many women who cannot afford such expensive childcare services have to stay home to take care of their kids. This is one reason (but not the only one) that keeps women out of the labor force. For the sake of this exercise let's assume that high childcare costs are the only reasons for low women's participation…
The employment-population ratio is enter your response here percent. >>> Answer to 1 decimal place. Screenshot attached below