Use the graph to answer the question. Unemployment, 1929-1945 17 13 1930 1935 1940 1945 Year Source Historical Statties of the United State Colonial Times o 1970, US. Census Bureau, 1975 (adapted) What was the MAIN cause of the trend in employment shown on the graph between 1942 and 1945? O A. the success of the Social Security Act B. a decline in the number of women in the workforce O C. the impact of a high inflation rate O D. increased manufacturing to meet the needs of World War II Percent Unemployed

Use the graph to answer the question. Unemployment, 1929-1945 17 13 1930 1935 1940 1945 Year Source Historical Statties of the United State Colonial Times o 1970, US. Census Bureau, 1975 (adapted) What was the MAIN cause of the trend in employment shown on the graph between 1942 and 1945? O A. the success of the Social Security Act B. a decline in the number of women in the workforce O C. the impact of a high inflation rate O D. increased manufacturing to meet the needs of World War II Percent Unemployed

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Use the following table to answer the next four questions: Group # in Millions Work-eligible population Labor force ??? 181 Not in labor force 95 Employed Unemployed ??? 22 According to the table, the labor force participation rate in this economy is equal to 12.2%. 65.6%. 87.8%. 90.1%. 36.9%. O OOO
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What is labor force a- the toal employment divided by the total number of unemployment b- the total number of employment c- the sum of emplou]\yment and uneemployment d- the sum of employment minus the sum of unemployment
Aworker classified as frictionally unemployed is one whois Select one. O a.working part-time but would prefer to work ful-ime O b.unemployed while looking for a job that denandshisar her skills. O ciscouraged and has dropped our of the labourforce O d laid off during a recession.
6. "You mi ght as well say that the unemployment rate would be zero if everyone just quit looking for work." Explain what the author means by this.
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12. Whats a possible explanation for the variations in unemployment over time and the variation in unemployment by age, gender, educational attainment, and race?
Are the following workers more likely toexperience short-term unemployment or long-termunemployment? Explain.a. a construction worker who is laid off because ofbad weatherb. a manufacturing worker who loses his job at aplant in an isolated areac. a stagecoach-industry worker who is laid offbecause of competition from railroadsd. a short-order cook who loses his job when a newrestaurant opens across the streete. an expert welder with little formal education wholoses his job when the company installs automaticwelding machinery
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Create a table with the National Unemployment rates from February 2020 through October 2020. Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2020 3.5 3.5 4.4 14.7 13.2 11.0 10.2 8.4 7.9 6.9 6.7 6.7 What trend(s) do you observe? Next, review the employment situation summaries from March 2020 and October 2020.
In detail, explain what is going on in this graph for civilian unemployement rate
Ellen is downloading labor market data for the most recent month, but her connection isslow. So far thisß is all she has been able to collect:Unemployment rate 5.2%Participation rate 62.5%Not in the labor force 60 millionFind the● working-age population● the labor force● the number of employed workers● The number of unemployed workers.