Question

If there are 56 million unemployed and 200 million employed people in Country N, what is the labor force participation rate i

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Since; Labor force participation rate Cup rate/ = Labor force (UF) Worksng agre popslation) X COD or force - employed themplo

Add a comment
Know the answer?
Add Answer to:
If there are 56 million unemployed and 200 million employed people in Country N, what is...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • In Nepal, the adult population is 7.0 million people. There are 2.6 million employed people and...

    In Nepal, the adult population is 7.0 million people. There are 2.6 million employed people and 0.5 million unemployed people. How large is the labor force? How many people are not employed? What is the labor force participation rate? What is the unemployment rate?

  • 1. (5 points) Suppose that in the country of Atlantis 30 million people are not in...

    1. (5 points) Suppose that in the country of Atlantis 30 million people are not in the labor force, 80 million people are employed and 5 million are unemployed, then (a) What is the size of the labor force? (b) What is the size of the adult population? (b) What is the labor force participation rate? (c) What is the unemployment rate?

  • If a country has 28.67 million people employed, a labor force of 30.66 million, and an...

    If a country has 28.67 million people employed, a labor force of 30.66 million, and an adult population of 48.28 million, calculate the Labor Force Participation Rate and the Unemployment Rate. Round your answers to two decimal places. 4. LFPR u-rate

  • Find the working-age population, labor force, number of employed workers, and number of unemployed workers. Ellen...

    Find the working-age population, labor force, number of employed workers, and number of unemployed workers. Ellen is downloading labor market data for the most recent month, but her connection is slow. So far this is all she has been able to collect: Unemployment rate | 56% | Participation rate 62.5% Not in the labor force61.5 million Find the working-age population, the labor force, the number of employed workers, and the number of unemployed workers. Instructions: Enter your responses rounded to...

  • The adult population in Serbia is 7.06 million people. About 454,029 people are unemployed and the...

    The adult population in Serbia is 7.06 million people. About 454,029 people are unemployed and the labor force participation rate is 54.5%. 1.How many people are in the labor force? 2.What is the unemployment rate? How many people are employed

  • QUESTION 18 The labor force is the number of employed people plus the number of unemployed...

    QUESTION 18 The labor force is the number of employed people plus the number of unemployed people. total population divided by the number of employed people. number of employed people in the working-age population. number of employed people minus the number of unemployed people. 2 points    QUESTION 19 Category Number of People (Millions) Total Population 300 Working-Age Population 220 Labor Force 145 Employed Workers 140 Calculate the unemployment rate. (Round to two decimal places) Calculate the Labor Force Participation...

  • A country has a total civilian population of 400 million, of which 300 million are over...

    A country has a total civilian population of 400 million, of which 300 million are over age 16. Of this population, 225 million are employed, 25 million are unemployed, and the remainder of the population is not in the labor force. Then, the unemployment rate is [Select] 9, the employment- population ratio is [Select ] , and the labor force participation rate (labor force divided by the civilian working-age population) is [Select]

  • 1) The table below lists the number of people by labor force classification for the country...

    1) The table below lists the number of people by labor force classification for the country of Grenyarnia. Employed 78 million Unemployed 12 million Not in the Labor Force 30 million a.) Calculate the number in the labor force, and the unemployment rate. b.) Calculate the number in the adult population, and the labor force participation rate. c.) Suppose 8 million people who were previously employed become discouraged workers. Recalculate the unemployment rate and the labor force participation rate. d.)...

  • 2. Labor Force Participation 75 % #Unemployed =50 million #Working Age Population 200 Million A) Calculate:...

    2. Labor Force Participation 75 % #Unemployed =50 million #Working Age Population 200 Million A) Calculate: #Employed, #Labor Force, #Not in Labor Force and Unemployment Rate B) If the economy was in recession and is now starting an expansion would we expect unemployment to increase or decrease? Which types of unemployment should change? C) The next unemployment numbers are reported and unemployment rises, is this consistent with your estímate in B? Explain why the increase in unemployment may be due...

  • 9. (3 points) Suppose there are 90 million people who are employed. The unemployment rate is...

    9. (3 points) Suppose there are 90 million people who are employed. The unemployment rate is 10%. 20 million people who are at least 16 years old are not in the labor force. The labor force has _ million people. The working age population is million. There are million unemployed people.

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT