Homework Answers
In Canada, the working age population is nothing but the number of people who are eligible to work and this means the people over 16 on the whole and therefore
(A) is the answer to this question
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which of the follwing people would be counted as unemployed in
canada
T UCULUIIL Which one...
Question 5 a) Statistics Canada counts as employed people who work part-time but would prefer to...
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...
Many millions of people in the U.S. are retired. Which of the following (there might be more than one) would they be cou...
Many millions of people in the U.S. are retired. Which of the following (there might be more than one) would they be counted in? Group of answer choices unemployed more than 27 weeks or more a discouraged worker working part time but wants full time work marginally attached frictionally unemployed structurally unemployed unemployed employed population aged 16 and above total population
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...
checking to see if these are correct Many millions of people in the U.S. are retired. Which of the following (th...
checking to see if these are correct
Many millions of people in the U.S. are retired. Which of the following (there might be more than one) would they be counted in: unemployed more than 27 weeks or more a discouraged worker working part time but wants full time work marginally attached frictionally unemployed structurally unemployed unemployed employed population aged 16 and above total population Which recession saw the largest fall in employment? 1970 1973-1975 1980 O 1981-1982 1991 2001 ©...
Which one of the following people would NOT be counted as "unemployed"? Question 6 options: (A)...
Which one of the following people would NOT be counted as "unemployed"? Question 6 options: (A) A young mother on welfare who can't work because her husband left her and she has no one else to take care of her children. (B) A recent high-school graduate who quit his first job working in a grocery store so that he can apply for jobs that better fit his interests and start right away if he gets an offer. (C) A student...
Consider an adult who lost their job last week and now has moved to a new city and is actively searching for a new one....
Consider an adult who lost their job last week and now has moved to a new city and is actively searching for a new one. They lost their previous job but their skills are very current and in demand. Which of the following categories would they be in? There may be more than one. unemployed more than 27 weeks or more a discouraged worker working part time but wants full time work marginally attached frictionally unemployed structurally unemployed unemployed employed...
Which of these individuals would NOT be counted as part of the eligible population? Select one:...
Which of these individuals would NOT be counted as part of the eligible population? Select one: a. A 14 years old who is working part time at a local cinema b. A healthy 38 years old living in a small town. He looked for a job for two years, but gave up and is no longer looking O C. A 20 years old college students who does not have any time to work d. A 50 years old who does...
Which of the following statements is INCORRECT? Select one: a. The unemployment rate is the number...
Which of the following statements is INCORRECT? Select one: a. The unemployment rate is the number of persons who are unemployed divided by the labor force then times 100. b. The labor-force participation rate is the labor force divided by the working-age population then times 100. C. The labor force is equal to the number of people employed plus the number of people unemployed. d. The working age population includes everyone over the age of 16. Next page 19 Hamdan...
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...
Use the following table to answer questions 4-6. Number of people (millions) 250 30 15 20...
Use the following table to answer questions 4-6. Number of people (millions) 250 30 15 20 145 10 10 Category Total population Less than 16 years of age Institutionalized Part-time workers Full-time workers Looking for jobs in the past 4 weeks In U.S. Armed Forces 4) Using the table above, the working-age population is: 5) Using the table above, the nmber of people in the labor force is: 6) Using the table above, the unemployment rate is 7) The unemployment...
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...
checking to see if these are correct
Many millions of people in the U.S. are retired. Which of the following (there might be more than one) would they be counted in: unemployed more than 27 weeks or more a discouraged worker working part time but wants full time work marginally attached frictionally unemployed structurally unemployed unemployed employed population aged 16 and above total population Which recession saw the largest fall in employment? 1970 1973-1975 1980 O 1981-1982 1991 2001 ©...
Consider an adult who lost their job last week and now has moved to a new city and is actively searching for a new one. They lost their previous job but their skills are very current and in demand. Which of the following categories would they be in? There may be more than one. unemployed more than 27 weeks or more a discouraged worker working part time but wants full time work marginally attached frictionally unemployed structurally unemployed unemployed employed...
Which of these individuals would NOT be counted as part of the eligible population? Select one: a. A 14 years old who is working part time at a local cinema b. A healthy 38 years old living in a small town. He looked for a job for two years, but gave up and is no longer looking O C. A 20 years old college students who does not have any time to work d. A 50 years old who does...
Which of the following statements is INCORRECT? Select one: a. The unemployment rate is the number of persons who are unemployed divided by the labor force then times 100. b. The labor-force participation rate is the labor force divided by the working-age population then times 100. C. The labor force is equal to the number of people employed plus the number of people unemployed. d. The working age population includes everyone over the age of 16. Next page 19 Hamdan...
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...
Use the following table to answer questions 4-6. Number of people (millions) 250 30 15 20 145 10 10 Category Total population Less than 16 years of age Institutionalized Part-time workers Full-time workers Looking for jobs in the past 4 weeks In U.S. Armed Forces 4) Using the table above, the working-age population is: 5) Using the table above, the nmber of people in the labor force is: 6) Using the table above, the unemployment rate is 7) The unemployment...
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