There are 100,000 people working full time, 25,000 people working part-time, and 30,000 people who are not working but who are searching for a job. There are 2,000 people who are not working and have given up trying to find for a job and 5,000 who are retired and do not work. What is the unemployment rate?

Q: Name two jobs that you think would be affected by seasonal unemployment. Explain why they would be…

A: Seasonal unemployment: It is a type of unemployment in which people remain unemployed during…

Q: n a country with a population of 100 million people there are 20 million children under the age of…

A: Unemployment is a major problem that countries have to deal with, however in order to frame the…

Q: What are the personal, economic and social consequences of unemployment?

A: Let us discuss certain concepts related to unemployment:Labor force: In an economy, labor force…

Q: What is the difference between being unemployed and being out of the labor force? How do you…

A: Unemployed people are those who do not have a job, have actively sought for employment in the…

Q: what is the main difference between employment and unemployment?

A: Introduction: Employment is the state of having a job or regular work that provides a salary or…

Q: What is the current U.S. unemployment rate?  Why has it changed over the last 15 years or so?

A: The current U.S. unemployment rate is 3.6%.

Q: Find the absolute change in unemployment rate during 2015 (from Jan 15 to Dec 15).

A: If we want to calculate the absolute change in the unemployment rate during 2015, then it can be…

Q: Classify the following as frictionally unemployed, structurally unemployed or cyclically unemployed.…

A: a) This is an example of cyclical unemployment because he is searching for a job and there is no…

Q: Use the information below to answer the question Population 30 million People between ages 15 and 65…

A: Labor force (LF) = Full time employed + Part time employed + Unemployed = 9 + 1.5 + 1 = 11.5 million

Q: Which of the following is included in the measurement of unemployment rate? Question 4Answer a. A…

A: The objective of the question is to identify which of the given options is considered unemployed…

Q: country has a total population of 500 people. Of those, 50 are under the age of 16 or…

A: Unemployment rate is the percentage of labor force that is willing and looking for a job. Labor…

Q: Explain each of the four types of unemployment

A: Unemployment refers to the state of being without a job and actively seeking employment. It is a…

Q: What is seasonal unemployment?

A: Seasonal unemployment: Seasonal unemployment occurs when the workers or laborers don't get work…

Q: What are the possible effects of a high unemployment rate on a country's economy?

A: Unemployment, defined as the condition in which persons who are capable of working and actively…

Q: A country has a population of 160 million. Out of this population, the number of retired people is…

A: Note: Since you have posted a question with multiple subparts, we will solve the first three…

Q: What is Mexico's unemployment rate?

A: Unemployment demonstrates the economic phenomenon where individuals want to work and are also able…

Q: Discuss the different types of Unemployment. Give Examples

A: Unemployment is a condition when a individual actively finding for a job and is unable to find work.…

Q: How does the presence of a discouraged worker affect the unemployment rate?

A: Let us first explain certain concepts related to unemployment rate.Labor force: In an economy, labor…

Q: what are the proposed solutions to reduce unemployment

A: When job-seeking employees are unable to obtain employment, unemployment results. While…

Q: What is The difference between unemployment and employment?

A: Unemployment and employment are more important thing and bigger topics in an economy. Because these…

Q: The table shows employment statistics for a fictional country. Use the information to answer the…

A: The labor force refers to the total variety of people who are either employed or actively in search…

Q: Explain the possible causes of unemployment.

A: The possible causes of unemployment can be either from demand side or supply side. Demand side…