Macroeconomics
13th Edition
ISBN: 9780134744452
Author: PARKIN, Michael
Publisher: Pearson,
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Chapter 5.1, Problem 4RQ
To determine
Explain the trends and fluctuations of employment–to-population ratio and the labor force participation rate of the Country U from 1980 to 2017.
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Q17
Between 1980 and 2015, by how many percentage did the labor force participation rate of
men change?
women change?
a. The following table shows some labour characteristics for a sub-group of the Canadian population in 1981, 1986, 1999 and
2012 (Statistics Canada, Tables14-10-0287-01). The columns are the population of that sub-groups (Pop), the labour force
(LF), the employment (E), the unemployments(U), the unemployment rate (UR), the participation rate (PR) and the
employment rate (ER). The first four columns are in thousands of individuals and the last three in percentage. Fill the
empty cells. Round your answers to the nearest first decimal using the same measurement units.
Labour characteristics for a sub-group of the Canadian population in 1981, 1986, 1999 and 2012 (Statistics Canada, Table 14-10-0287-
01)
Year
1981
1986
1999
Pop
Number
1979
2205
2012 Number
Number
2855
LF
876
879
Number
1883
E
839
818
Number
Number
U
37
61
55
Number
UR
Number
6.94
5.802
Number
PR
Number
39.864
Number
42.65
Number
ER
b. Using the above table, what is the new unemployment rate in 1986 if 20 thousand unemployed…
Chapter 5 Solutions
Macroeconomics
Ch. 5.1 - Prob. 1RQCh. 5.1 - Prob. 2RQCh. 5.1 - Prob. 3RQCh. 5.1 - Prob. 4RQCh. 5.1 - Prob. 5RQCh. 5.2 - Prob. 1RQCh. 5.2 - Prob. 2RQCh. 5.2 - Prob. 3RQCh. 5.2 - Prob. 4RQCh. 5.2 - Prob. 5RQ
Ch. 5.2 - Prob. 6RQCh. 5.2 - Prob. 7RQCh. 5.3 - Prob. 1RQCh. 5.3 - Prob. 2RQCh. 5.3 - Prob. 3RQCh. 5.3 - Prob. 4RQCh. 5.3 - Prob. 5RQCh. 5.3 - Prob. 6RQCh. 5 - Prob. 1SPACh. 5 - Prob. 2SPACh. 5 - Prob. 3SPACh. 5 - Prob. 4SPACh. 5 - Prob. 5SPACh. 5 - Prob. 6SPACh. 5 - Prob. 7SPACh. 5 - Prob. 8SPACh. 5 - Prob. 9SPACh. 5 - Prob. 10SPACh. 5 - Prob. 11SPACh. 5 - Prob. 12APACh. 5 - Prob. 13APACh. 5 - Prob. 14APACh. 5 - Prob. 15APACh. 5 - Prob. 16APACh. 5 - Prob. 17APACh. 5 - Prob. 18APACh. 5 - Prob. 19APACh. 5 - Prob. 20APACh. 5 - Prob. 21APACh. 5 - Prob. 22APACh. 5 - Prob. 23APACh. 5 - Prob. 24APACh. 5 - Prob. 25APACh. 5 - Prob. 26APACh. 5 - Prob. 27APACh. 5 - Prob. 28APACh. 5 - Prob. 29APA
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Similar questions
- a. The following table shows some labour characteristics for a sub-group of the Canadian population in 1998, 2006, 2009 and 2012 (Statistics Canada, Tables14-10-0287-01). The columns are the population of that sub-groups (Pop), the labour force (LF), the employment (E), the unemployments(U), the unemployment rate (UR), the participation rate (PR) and the employment rate (ER). The first four columns are in thousands of individuals and the last three in percentage. Fill the empty cells. Round your answers to the nearest first decimal using the same measurement units. Labour characteristics for a sub-group of the Canadian population in 1998, 2006, 2009 and 2012 (Statistics Canada, Table 14-10-0287- 01) Year Pop LF U UR PR ER 1998 10040 8171 7467 704 Number Number Number 2006 11060 9076 8482 594 6.545 82.061 76.691 2009 11413 Number Number 904 9.692 Number Number 2012 Number 9514 Number Number Number 81.316 74.94 b. Using the above table, what is the new unemployment rate in 2006 if 20…arrow_forwardCalculate the labour absorption capacity for below: year - 2020 labour Force - 50 Number of employed in formal sector: 50 Year: 2021 Labour Force: 100 number of employed in formal sector: 10arrow_forwardIf wages are rising over time, what would you predict about the trend in the labor force participation for each of the two populations?arrow_forward
- Suppose that the adult population is 210 million, and there are 130 million who are employed, and the unemployment rate is 7%. Calculate the labor force participation ratearrow_forwardThe Bureau of Labor Statistics reported the following data for 2010:Labor force: 153.7 millionEmployment: 139.1 millionWorking-age population: 237.9 millionCalculate the:a) Unemployment rate.b) Labor force participation rate.c) Employment-to-population ratio.d) Why might the unemployment rate underestimate the underutilization of labor resources?arrow_forwardIn June 2019, the labor force was 163.0 million and employment was 157.0 million. In June 2019, 17.3 percent of all employment was part time and 4.3 million people worked part time for economic reasons. How many people worked part time for noneconomic reasons? The number of people who worked part time for noneconomic reasons is enter your response here million. >>> Answer to 1 decimal place.arrow_forward
- Participation in the labor force is much lower than it has historically been. How have government benefits, such as food stamps and housing subsidies, affected the labor-leisure choices of individuals?arrow_forwardQuestion 1: In 2017-18, the Pakistan Bureau of Statistics announced that of all adult Pakistanis, 59,786,200 were employed, 3,613,800 were unemployed, and 58,800,000 were not in the labor force. Use this information to calculate the labor-force participation rate?arrow_forwardThe table below shows information on the adult population of a small country. Employment Information Adult population 31.1 million Full-time workers 15.1 million Part-time workers 4.3 million Unemployed workers actively seeking employment 1.3 million Unemployed workers not actively seeking employment 1.1 million What is the unemployment rate? Multiple Choice 4.9 percent 4.2 percent 2.7 percent 6.3 percentarrow_forward
- Suppose South Africa’s population comprise 18 000 000 people who are unemployed, 23 000 000 employed, 13 000 000 students, 10 000 000 home-maker, 12 000 000 not economically active, and 45 000 000 people who are not in the age category 15 to 65 years. What does South Africa’s labour force population equalarrow_forwardBelow is a table with US labour market data (in thousands): 1998 Working-age population 205, 220 Population Unemployed Employed 2008 233, 788 304,543 8,948 276,154 6, 204 131, 464 145, 363 2018 257,791 327,436 6, 306 155, 761 a) Caculate the labour force participation rate for each period. b) Calculate the unemployment rate for each period. Based on the provided data, what might be a reasonable "guesstimate" of the natural rate of unemployment for the years between 2008 and 2018? c) For each period calculate the employment-population ratio. d) In 2008 what is the number of discouraged workers? e) Using the FRED St Louis Fed database, look at the behaviour of the US labour participation rate between 2000 and 2015. What might explain its behaviour?arrow_forwardThe table below uses data for the year 2003 provided by the Bureau of Labor Statistics and adjusted to be comparable to U.S. data. All values are in thousands. Fill in the blank entries in the table. Adult Labor Population Force, Country Japan 109,474 France 16,870 Germany 70,159 $9,591 Labor-Force Unemployment articipation Rate Rate Employed Unemployed 62,510 3,500 2,577 9.69 57.41arrow_forward
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