The labor force consists of: Select one: a. all adults who are able to work. b....
The labor force consists of:
Select one:
a. all adults who are able to work.
b. discouraged workers, employed workers, plus those actively seeking work.
c. all adults who are working, plus those not working.
d. employed plus unemployed adults.
Homework Answers
Answer
Option d
d. employed plus unemployed adults.
labor force is a sum of employed plus unemployed adults.
The population consists of all the people who are adult and non-adult
The adult population is the sum of the labor force and not in the labor force
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The labor force consists of:
Select one:
a. all adults who are able to work.
b....
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I need some help completing this exercise on unemployment and inflation and labor force participation In...
I
need some help completing this exercise on unemployment and
inflation and labor force participation
In an economy, the working-age population is 400 million. Of this total, 320.0 million workers are employed. 12.0 million workers are unemployed 56.0 million workers are not available for work (homemakers, full-time students, etc.) 8.0 million workers are available for work but are discouraged and thus are not seeking work 4.0 million workers are available for work but are not currently seeking work due to...
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1. In December 2005, the BLS estimated there were 7.4 million unemployed, 142.8 million employed (including 2.8 million involuntary part-time workers), 451,000 discouraged workers and 4.8 million people (including discouraged workers) who were marginally attached to the labor force. a. Calculate the headline (U-3) unemployment rate for December 2005. b. Calculate the unemployment rate for December 2005 if it had included among the unemployed all officially discouraged workers. c. Calculate the unemployment rate if it had included all those who...
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macroeconomic
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I
need some help completing this exercise on unemployment and
inflation and labor force participation
In an economy, the working-age population is 400 million. Of this total, 320.0 million workers are employed. 12.0 million workers are unemployed 56.0 million workers are not available for work (homemakers, full-time students, etc.) 8.0 million workers are available for work but are discouraged and thus are not seeking work 4.0 million workers are available for work but are not currently seeking work due to...
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