Task 6. Total population of country X is 100 million, including: 24 million children under working...
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Task 6 Total population of country X is 100 million, including: 24 million children under working age and disabled people, 30 million people have become discouraged after looking for work without success, and 4.6 million are unemployed. Calculate: a) total labour force b) unemployment level.
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]
In a country with a working - age population of 30 million, 20 million are employed, 2 million are unemployed, and 2 million of the employed are working part-time, hall of whom wish to work full-time. The labour force is O A. 18 million OB. 16 million. OC. 22 million OD. 20 million. O E. 30 million
Q2. From the data below, answer the following questions. Show your work. Working-age population 250 million Not in Labor Force 85 million Discouraged workers 2 million Involuntary part-time workers 8 million Unemployed 15 million Employed 150 million a. Compute the labor force participation rate. (2pts) b. Compute the official unemployment rate (U-3). (2pts) c. Suppose that 2 million jobless people (i.e., unemployed) suddenly quit looking for a job. How does it affect the labor force participation rate and the official...
After the financial crisis that hits the country of Cinfuria in 2012, a total of 4 million people are unemployed. If 35 million individuals are lucky enough to keep their jobs, what is the unemployment rate? Please specify your answer to two decimal places. Unemployment rate= % The labour force is comprised of the number of people counted as employed, unemployed, and discouraged workers. the number of people counted as full-time employees. the number of people counted as employed and...
After a financial crisis hits the country of Arcadia, 22 million people become unemployed. If 5555 million individuals are lucky enough to keep their jobs, what is the unemployment rate? Please specify your answer to two decimal places. unemployment rate:________________% Which of the choices is most directly related to cyclical unemployment? A.) the age distribution of the country B.) an increased use of the Internet for job searches C.) recessions D.) an increase in the number of new college graduates...
In a country with a working-age population of 22 million, 18 million are employed, 2 million are unemployed, and 1 million of the employed are working part-time, half of whom wish to work full-time. If 500,000 of the unemployed are cyclically unemployed, what is the natural unemployment rate? Question 7 options: A) 7.5 percent B) 5.6 percent C) 8.3 percent D) 10.0 percent E) 2.5 percent
6) Suppose the working-age population is 220 million, the labor force is 150 million, and the unemployment rate is 10 percent. The number of unemployed people is A) 7 million B) 15 million. C) 22 million D) 37 million. E) 70 million.
The table below shows the population and employment data for Gilead, a country with a total population of 1 million people. An questions to 2 decimal places (for example: 5.64) Status # of people Children (0-16 years old) 200,000 Employed 325,000 Unemployed 25,000 Discouraged adult workers 50,000 Full-time students over 16 100,000 Retired individuals 100,000 Stay-at-home parents 100,000 Non-civilians (employed by armed forces) 60,000 Institutionalized Individuals 40,000 What is Gilead's Unemployment rate? %5 What is Gilead's Labor Force Participation rate?
In an economy, the working-age population is 400 million. Of this total, 320 million workers are employed. 12 million workers are unemployed. 56 million workers are not available for work (homemakers, full-time students, etc.). 8 million workers are available for work but are discouraged and thus are not seeking work. 4 million workers are available for work but are not currently seeking work due to transportation or childcare problems The unemployment rate in this economy is | %. (Round your...