The following table lists the employment statistics of Canada for the years 2003-2007. Complete the table by filling out the missing values. (Round your arnswers to whole numbers while calculating number of workers and round your answers to one decimal place otherwise.) Labor force Unemployment rate (%) Employed Potential Not in labor participation rate (%) Year Labor force workers force workers 4,473,745 2003 16,026,920 17,345,152 21,818,897 7.6 2004 16,316,358 4,512,194 22,094,476 7.2 79.6 17,716,482 6.7 2005 16,529,478 22,365,880 79.2 2006 4,668,984 79.3 17,917,851 22,586,835 6.3 2007 80.1 17,190,272 4,552,053 18,287,523
The following table lists the employment statistics of Canada for the years 2003-2007. Complete the table by filling out the missing values. (Round your arnswers to whole numbers while calculating number of workers and round your answers to one decimal place otherwise.) Labor force Unemployment rate (%) Employed Potential Not in labor participation rate (%) Year Labor force workers force workers 4,473,745 2003 16,026,920 17,345,152 21,818,897 7.6 2004 16,316,358 4,512,194 22,094,476 7.2 79.6 17,716,482 6.7 2005 16,529,478 22,365,880 79.2 2006 4,668,984 79.3 17,917,851 22,586,835 6.3 2007 80.1 17,190,272 4,552,053 18,287,523
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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