Table below provide the data of labour force, employment and working age population Labour Force Year Employment (thousands) Population (millions) (thousands) 2018 9343 8618 18.73 2019 9470 8785 18.95 Find the followings from the given data: 1. Unemployment rate for 2018 and 2019 2. Labour force participation rate for 2018 and 2019 3. Growth rate of labour force (%) 4. Growth rate of unemployment (%)

Table below provide the data of labour force, employment and working age population Labour Force Year Employment (thousands) Population (millions) (thousands) 2018 9343 8618 18.73 2019 9470 8785 18.95 Find the followings from the given data: 1. Unemployment rate for 2018 and 2019 2. Labour force participation rate for 2018 and 2019 3. Growth rate of labour force (%) 4. Growth rate of unemployment (%)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Labour force data for Eturia (all in millions) are shown in the table below. Enter your responses below rounded to one di 2018 23 15 7.6 0.7 106 2019 24.5 16.5 8.7 0.8 108 Population (millions) Working-age population Labour force Unemployed CPI (2002 = 100) a. What are the labour force participation rates in each year? The labour force participation rate for 2018 is 50.67 %, for 2019 is b. What are the unemployment rates in each year? The unemployment rate for 2018 is 9.21 %, for 2019 is 9.20 %, for 2020 is c. What are the annual inflation rates in the years 2019 and 2020? 1.89% and for 2020 is The annual inflation rate in the year 2019 is d. What was the percentage increase in population in the years 2019 and 2020? The percentage increase in population in the year 2019 is % and in 2020 is e. If the population continues to increase at this rate, how long will it take for the population to double? It will take about years for the population to double. 2020 26.09 19.0 9 0.7 112 52.73 %,…
In 2019, a. what percentage of the labor force was employed? b. what percentage of the labor force was unemployed? c. what percentage of the total population was employed?
Table 6.3: Labor and Population Statistics Civilian Civilian Total Total Noninstitutional Labor Employed Population Population Force Persons Year (millions) (millions) (millions) (millions) 1 302.00 268.46 151.46 146.40 305.00 264.20 152.22 146.60 310.00 262.19 153.46 145.45 312.00 261.22 153.24 145.10 Refer to Table 6.3. The unemployment rate in Year 2 is %. О 3.64 О 3.69 3.59 О 3.60 3. 4.
Adult population of the U.S. by group, 2019 # of employed 151.1 million # of unemployed 7.8 million not in labor force 94.5 million 1. Based on the above table, compute the labor force, u-rate, adult population, and labor force participation rate.
Economics......
Table 9-2 Total population Working-age population Employed (A) (7,500/75,000) × 100. Unemployed 7,500 Consider the data above for a simple economy. B (7,500/125,000) × 100. 125,000 Refer to Table 9-2. The unemployment rate for this simple economy equals (7,500/67,500) × 100. 75,000 D) (7,500/60,000) × 100. 60,000 G
• The following table gives statistics on the labor force and total employment during year 1 and year 5. Make the computations necessary to complete the table. (Numbers of persons are in thousands.) Year 1 Year 5 Labor force 84,900 95,400 Employed 80,700 87,500 Unemployed Unemployment rate
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?
The table below uses data for the year 2003 provided by the Bureau of Labor Statistics and adjusted to be comparable to U.S. data. All values are in thousands. Fill in the blank entries in the table. Adult Labor Population Force, Country Japan 109,474 France 16,870 Germany 70,159 $9,591 Labor-Force Unemployment articipation Rate Rate Employed Unemployed 62,510 3,500 2,577 9.69 57.41
The below table shows the labour force data for the country of Parsha in 2019 (figures in millions): Round your answers to 2 decimal places. Population Working-age population Labour force Employed Labour force participation % 2019 48 2020 48 41 Not in working-age population 38 36.3 92.7 Not in labour force Unemployed Unemployment % 2019 2020 7 3 1.7 4.5 Suppose the only change that occurs in 2020 is that the number of retired workers increases by 1.8 (million). Complete the above table.
Use the table data below about this economy to answer the questions that follow regarding employment/unemployment. Show all calculations. Group Relevant population ?? Not in labor force 85 Labor Number in Millions Employed Unemployed 245 ?? 25 1. What is the relevant population in this economy? 1. How many people are employed in this economy? 1. Calculate the unemployment rate.
Consider the table below Year CPI CPI Inflation Real GDP Nominal GDP GDP Deflator GDP Inflation 2005 94.27 x 4726.50 4480.00 94.78 x 2006 100.00 a 5090.50 d 100.00 5.50 2007 b 3.42 5430.85 5655.95 104.14 e 2008 117.18 c f 6887.00 117.34 12.67 Based on the values of the table, what is the value of f ? (Please round your answer to include 2 decimal places.)