Use the table below to answer the questions that follow:
Civilian non-institutional population of men |
101260 |
Employed men |
72534 |
Unemployed men |
3048 |
Civilian non-institutional population of women |
109483 |
Employed women |
63302 |
Unemployed women |
2605 |
a) Calculate the LFPR for men and women.
b) Calculate the UE rate for men and women.
c) Calculate the number of men and women not in the labor
force.
d) The Governor is offering a $5000 stipend per year for all
individuals enrolled in a four-year university. How might this
policy impact the statistics above?
Use the table below to answer the questions that follow: Civilian non-institutional population of men 101260...
4 Suppose that the civilian non-institutional working age population is 244,863, the civilian labor force 155,654, and the employment to population ratio 58.6%. a)What is the unemployment rate? b What is the labor force participation rate? c) If the civilian non-institutional population grows by 1% over the next year and the labor force participation rate remains constant, how many jobs must be created over the next year to leave the unemployment rate unchanged? d) If there is no change in...
(All numbers in thousands) In December 2016, the civilian non-institutional population was 254,742. The number of employed workers was 152,11 The number of unemployed workers was 7,529. The number not in the labor force is 95,102. What was the labor force participation rate? What was the employment rate? What was the unemployment rate? Why might the unemployment rate might underestimate the severity of an economic downturn?
4. The following table provides information on the civilian non-institutional population (CNIP), the labor force (LF), and the number of unemployed persons for select years between 2006 and 2016. All values are in thousands of people at the end of each year. Year CNIP LF LFP # unemployed UR 2006 230 152.7 66% 7.1 4.6% 2009 236.9 153.1 65% 15.1 9.9% 2018 258.9 163.2 63% 6.3 3.9% b. The US experienced a severe economic downturn in 2008-09 that resulted in...
Calculating Unemployment Given the following information about a country’s population, answer the questions which follow. Make sure you show all of your calculations. 1987 1992 Non-institutionalized, civilian, 182,753,000 191,576,000 Adult population Employed persons 112,440,000 117,598,000 Unemployed persons 7,425,000 9,384,000 What was the size of the civilian labor force in 1987? ____________ What was the size of the civilian labor force in 1992? ____________ What was the unemployment rate in 1987? ___________ What was the unemployment rate in...
Based on the Employment Situation Summary
below, answer the following questions:
1. What month (and year) is summarized?
What was the unemployment rate for that month?
How does that rate compare with the rate in the previous month?
2. What were the unemployment rates for adult women, teenagers,
blacks, hispanics, and whites?
How did these rates compare with those a month earlier?
3. What factors make it difficult to determine the unemployment
rate?
4. Why is unemployment an economic problem?...
Please read and answer the following questions. 1. How was the
sample selected ? We’re demographics collected ?
2. Is the sample representative of the target population? If
not how was the sample “improved “ to make the results more
reliable and valid?
3. What is the design of the study?
4. How were the human subjects protected ?
5. Were instruments used reliable and valid ? Did they measure
the phenomenon under the study( how do you know that...
Q1 Which of the following are included and which are excluded in calculating this year's GDP. Explain in each instance. a. A monthly scholarship cheque received by an economics student b. The purchase of an almost new tractor by farmer Kojo C. The cashing in of a savings bond d. An increase in business inventories e. Tim Horton's purchases a corner grocery store f. Fearless Qweenie Kong, a stuntwoman, purchases a life insurance policy for a billion dollars ($) g....
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Budgetary Policy and Economic Growth Errol D'Souza The share of capital expenditures in government expenditures has been slipping and the tax reforms have not yet improved the income...