The table shows statistics for three Canadian cities at several different points in time. What was the unemployment rate in Montreal in January 2019? Montreal Toronto Vancouver Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 2009 2019 Jan. 2019 2005 2005 2005 2009 2009 2019 Labor 2,059,7 2,323.9 3,101.9 3,639.5 1.251.1 1.545.6 force Emplo 1,831.7 1.878.1 2.240.2 2.686.5 2.856.1 3,405.3 1,1154 1,177.6 1,465.7 yed Unemp 171.4 143.7 202.3 250.9 78.9 79.8 loyed Unemp loyme 8.6% 8.8% 7.0% 6.4% 6.6% 5.9% nt rate 08.8% O 6.2% 5.4% 93.8%

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
icon
Related questions
Question

7

The table shows statistics for three Canadian cities at several different points in time. What was the unemployment rate in
Montreal in January 2019?
Jan.
Montreal
Jan. Jan.
2009 2019
Jan.
Toronto
Jan. Jan. Jan.
2009 2019 2005
Vancouver
Jan. Jan.
2009 2019
2005
2005
Labor
2,059,7 2,323.9
3,101.9 3,639.5
1,251.1 1.545.6
force
Emplo 1,831.7 1.878.1 2.240.2 2,686.5 2,856.1 3,405.3 1,115.4 1,177.6 1.465.7
yed
Unemp 171.4
143.7 202.3 250.9
78.9
79.8
loyed
Unemp
7.0%
6.4% 6.6% 5.9%
loyme 8.6% 8.8%
nt rate
8.8%
93.8%
6.2%
5.4%
Transcribed Image Text:The table shows statistics for three Canadian cities at several different points in time. What was the unemployment rate in Montreal in January 2019? Jan. Montreal Jan. Jan. 2009 2019 Jan. Toronto Jan. Jan. Jan. 2009 2019 2005 Vancouver Jan. Jan. 2009 2019 2005 2005 Labor 2,059,7 2,323.9 3,101.9 3,639.5 1,251.1 1.545.6 force Emplo 1,831.7 1.878.1 2.240.2 2,686.5 2,856.1 3,405.3 1,115.4 1,177.6 1.465.7 yed Unemp 171.4 143.7 202.3 250.9 78.9 79.8 loyed Unemp 7.0% 6.4% 6.6% 5.9% loyme 8.6% 8.8% nt rate 8.8% 93.8% 6.2% 5.4%
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Nash Equilibrium
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education