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.
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.
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Transcribed Image Text: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.
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