What type of unemployment does each of the following represent? Explain your answers. 1. Workers at a clothing factory lose their jobs when the firm relocates to another province. 2. Workers at a factory making floppy disks lose their jobs when the firm goes under due to competition from USB’s. 3. Migrant farm workers’ employment is terminated when the harvest is finished. 4. Workers at the car plant are laid off as a result of a slump in motorcar sales. 5. Worker decides to resign from his firm to find himself, so he can follow his passion and apply for a different job in a near future.

Q: Which individual is out of the labor force? John is without a job, is able to work, but is not…

A: The individual John who is without a job and able to work, but not actively looking for work is out…

Q: For the following data calculate the unemployment rate (round your answer) Population  9 millio…

A: Unemployment rate is the percentage of labor force that is unemployed.

Q: None

A: Labor Force Size:The labor force consists of individuals who are either employed or actively seeking…

Q: 5. Say there are 250,000 people in a city. 162,000 worked for pay in the last week and the labor…

A: The unemployment rate is the ratio of unemployed to total labor force in the economy. The unemployed…

Q: Explain this two causes of unemployment

A: The two causes of unemployment are as follows:

Q: In october 2020 on Sandy Island, 20,000 were employed, 1,000 were unemployed, and 3,000 were not in…

A: People who are actively looking and able for a job are considered unemployed. People who are working…

Q: Identify which of the following people are categorised as part of the labour force. O Christopher is…

A: The labor force (LF)is the number of people who are of working age and are willing to work. They are…

Q: If there are 160,000 adults in the population of Hugo and 140,000 are working, what are the labor…

A: Labor force is the sum of people who are employed and unemployed.

Q: See the labor market graph below. If there is a sticky wage of $12, what is unemployment rate? 20 16…

A: The percentage of the labor force in a nation or region that is jobless and actively looking for…

Q: Assume the total population is 3500. Of the total population, 1800 are working full-time. Of the…

A: Given information: Total population = 3500 Full time workers = 1800 Under 16 not working population…

Q: Discuss the four types of unemployment. Rank these from the least serious to the most serious and…

A: The most serious type of unemployment includes structural unemployment, frictional unemployment,…

Q: 1. What would the unemployment rate be if, in an economy, there were 10 million unemployed…

A: The per centum is that the percent of the proletariat that's jobless. it's a lagging indicator,…

Q: The following data pertains to Googa, an economy.  Population:258 million. Population 16 years and…

A: Given information,  Total population: 258 million Population unemployed: 3 million  Population…

Q: The population of Gilligan’s Island is 100 people: 40 work full-time, 20 work half-time but prefer…

A: The objective of the question is to calculate the unemployment rate and the employment-to-population…

Q: Which of the following people would be unemployed (or belonging to any labor market group) according…

A: Government has tax revenue which are paid by people and through which they have to carry expenditure…

Q: The economy has part time workers of 20 million people, and full time workers of 130 million people.…

A: Unemployment is a persistent issue that arises when certain workers are unable to find employment in…

Q: Based upon the table below, calculate the unemployment rate of the land of Milk and Honey. Show your…

A: Population=15 million Working age population=9 million Employed people=6 million Unemployed people=…

Q: A job seeker is one who is at least 17 years old and looking for a job. O True

A: A job seeker is an individual who is looking for a job and is determined to get a job. Now there are…

Q: The following scenarios have been taken from actual answers to the Current Population Survey…

A: Saul goodman is looking for job,therefore would come under unemployed.