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?
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What are the three categories into which Statistics Canada divides everyone? How does Statistics Canada compute...
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...
72 The Bureau of Labor Statistics divides the adult population into three categories: employed, unemployed, and not in the labor force. a. True b. False
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
ce nd TIO ts of GDP? Give an 5. List the three categories used by the Bureau of Labor Statistics to classify everyone in the economy. How does the BLS compute the unemployment rate? ice index measure? differs from the GDP ota
5. What does the natural unemployment rate include? a. both frictional and structural unemployment b. neither frictional nor structural unemployment c. structural unemployment, but not frictional unemployment d. frictional unemployment, but not structural unemployment Answer: 6. A foreign governmental statistics agency recently reported that there were 47.6 millionpeople over age 25 who had at least a bachelor’s degree. Of this number, 38.0 million were in the labour force and 35.9 million...
Which of the following is true if everyone who retired in the U.S. left the U.S. to live in another country? Some actually do this as the cost of living can be lower in other countries. a. U-3 unemployment rate rises, labor force participation rate rises b. U-3 unemployment rate is constant, labor force participation rate rises c. U-3 unemployment rate falls, labor force participation rate rises d. U-3 unemployment rate rises, labor force participation rate falls e. U-3 unemployment...
According to labour statistics, 3.8% of recent college graduates are unemployed in Canada. An Ontario survey reported that 171 out of 5000 recent college graduates were unemployed in December of 2019. Which of the following tests should be performed to determine whether the unemployment rate for college graduates is lower in Ontario compared to the national rate? Assume that all data assumptions are met.
7. Discouraged searchers and underemployed workers By keeping track of discouraged workers and underemployed workers, Statistics Canada gets a dearer picture of the true employment situation than if It looked at only the number of unemployed workers. Which of the following statements correctly describe discouraged searchers? Check all that apply. They would like to have jobs They are part-time workers who want to work full time They are not in the labour force They have not looked for work during...
Question 4 (20 Marks) The table below uses data for the year 2000 provide by Statistics Canada and adjusted to be comparable to U.S. data. All values are in millions. Fill in the blank entries in the table. Show your work Country Adult Population Labor Force Employed Unemployed Unemployment Rate Labor-Force Participation Rate Japan 108.12 63.79 3.20 France 25.98 2.45 56.4 % Germany 69.17 39.75 8.08 % What are some of the types of unemployment discussed in your learning materials. What...