The population of Canada, 15 years and over, was 29,901.7 thousand in 2017. 18,416.4 thousand of...
The Population of Canada, 15 years and over, was 29,901.7 thousand in 2017 . 18,416.4 thousand of them were employed and 10,238.8 thousand were not in labour force Calculate the unemployment late.
Question 5 a) Statistics Canada counts as employed people who work part-time but would prefer to work full-time. Suppose the people who had part-time jobs, but wanted full-time jobs, were counted as unemployed. Explain how the unemployment rate and the labour force participation rate would change. b) The labour force survey does not count discouraged workers as unemployed. Suppose discouraged workers were counted as unemployed. Explain how the unemployment rate and the labour force participation rate would change. c) How...
The table below uses adjusted data for the year 2000 provided by Statistics Canada. All values are in millions. Fill in the blank entries in the table. Adult Population Labour Force Unemployment Rate Labour-Force Participation Rate Country Employed Unemployed Japan 150 Number Number Number France 14.95 69.5 Number Number Number Germany Nu
2. The table below uses adjusted data for the year 2000 provided by Statistics Canada. All values are in millions. Fill in the blank entries in the table. Adult Population 108.12 Labour Force Labour-Force Unemployment Participation Rate Rate Country Japan France Germany Employed Unemployed 63.79 3.20 2.45 56.4 percent 69.17 25.98 39.75 8.08 percent
5. The accompanying table provides data on the size of the labour force and the number of unemployed work- ers for the provinces and territories of Canada. Labour force Unemployed (thousands) (thousands) May 2016 May 2017 May 2016 May 2017 2444.9 2484.2 194.5 193.1 2520.8 2612.9 153.4 146.3 675.7 678.6 40.0 35.9 387.7 384.8 38.5 32.4 Province/ Territory Alberta British Columbia Manitoba New Brunswick Newfoundland and Labrador Nova Scotia Ontario Prince Edward Island Quebec Saskatchewan 270.0 264.9 31.9 39.2 488.6...
a) If in Canada the working-age population is 30 million, 18 million are employed, 2 million are unemployed, and 2 million of the employed are working part-time, half of whom wish to work full-time. Calculate the unemployment-rate (show the formula and your work). b) How is “unemployed” defined in Canada? 3c) If the unemployment rate calculated in part a) is considered “cyclical” what is likely happening to GDP? Describe the other two types of unemployment
A government agency provides labour data as presented in the table below. Based on this data, answer the following questions. in thousands Both sexes, 15 years and over Population 45,600 Labour force ? Employed 18,150 Unemployed 3,550 Participation rate ? Unemployment rate ? Employment rate ?
Suppose that the population over age 16 (adult population) is 150 million and the number of discouraged workers is 5 million. Moreover, in the month of November 2019, the number of people with full-time jobs was 70 million, and the number of people with part-time jobs was 5 million. If the labour force was 90 million, then calculate values of the following variables. (a). Unemployment rate in November 2019. (b). Labour force participation rate in November 2019.
What are the three categories into which Statistics Canada divides everyone? How does Statistics Canada compute the labour force, the unemployment rate, and the labour-force participation rate?
Question 10: (5 points) Using the information below, calculate the following: Total Population Eligible labour force Population Labour Force Employed Unemployed Don't include the % sign in your answers 27,040 19,720 13,260 11,200 2,060 Part 1: What is the Participation Rate (in %) Part 2: What is the Unemployment Rate (in %) Assuming Okun's Law shows that for every 1% unemployment rate in excess of NAIRU causes a: Reduction in GDP (relative to potential GDP) of NAIRU is GDP 760...