Homework Answers
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- Labor force refers to the number of people who either have a job or are actively looking for a job. This number excludes retirees, children, stay- at- home parents, full- time students, and other categories of people who are neither employed nor actively seeking employment.
- So in a situation when the adult population remains unchanged and the labor force is reducing it means more and more people are getting out of labor force because of any of following reasons :
o They are getting retired
o They are stay- at- home parents and leaving their job
o They are engaging in further studies leaving their jobs
o Or for any other reason they are neither employed nor actively seeking employment.
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what you think is the reason for the decrease in the number of labor force when...
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.)...
Employment Unemployment Rate homeboyment Labor Force Labor Force Adult (in Population thousands) (in thousands) | Number...
Employment Unemployment Rate homeboyment Labor Force Labor Force Adult (in Population thousands) (in thousands) | Number Employed Unemployed (in Year in thousands) thousands) 2019 5,989 157,529 2018 6,308 155,760 2017 6,979 153,334 2016 7,757 151,439 2015 8,294 148,845 2014 9,602 146,319 2013 11,457 143,941 2012 12,499 142,475 2011 13,739 139,885 2010 14,808 139,077 2009 14,295 139,894 Labor Force Participation Rate 63.1% 62.9% 62.8% 62.8% 62.7% 62.9% 63.3% 63.7% 64.1% 64.7% 65.4% *Real-time data provided by Federal Reserve Economic Data (FRED),...
4 Suppose that the civilian non-institutional working age population is 244,863, the civilian labor force 155,654,...
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...
What would be the labor force participation rate and the unemployment rate in the country if...
What would be the labor force participation rate and the unemployment rate in the country if the adult population is 230 million with 175 working and 35 million looking for jobs
What happens to the mass number and the atomic number of an element when it emits...
What happens to the mass number and the atomic number of an element when it emits parmmandation A. The mass number remains unchanged while the atomic number decreases by one B. The mass number decreases by four and the atomic number decreases by two C. The mass number increases by four and the atomic number increases by two. D. The mass number remains unchanged while the atomic number increases by one E. The mass number and atomic numbers remain unchanged.
what changes occur to the atomic number and mass of a nucleus during each of the...
what changes occur to the atomic number and mass of a nucleus during each of the following decay scenerios:the atomic number decreases by 2 and mass number decrease by 4. the atomic number increases by 1 mass number remains unchanged. the atomic number and mass number remain unchanged. the atomic number decreases by 1 and mass number remains unchanged. the atomic number decrease by 1 and mass number remains unchanged.
2. The table below relates to the labor force classification of a particular country. Use the...
2. The table below relates to the labor force classification of a particular country. Use the information to answer the questions that follows. Full-time employed 56 million Part-time employed 22 million Unemployed 12 million Not in the Labor Force 30 million Calculate the following: a. Labor Force b. Adult Population c. Unemployment rate d. Labor-Force participation rate e. If some of those actively looking for a job apparently give-up and become “discourage workers’. All else being the same, how would...
What do you think about child labor when you will enter the new foreign market?
What do you think about child labor when you will enter the new foreign market?
Macroeconomic Thank you so much 1. Measuring unemployment and labor force participation A Aa Consider a...
Macroeconomic
Thank you so much
1. Measuring unemployment and labor force participation A Aa Consider a small economy composed of six people: Eric, Madeline, Daesun, Laura, Tim, and Yvonne. Each person's employment status is described in the following table Based on the criteria used by the Bureau of Labor Statistics (BLS), classify each person as employed, unemployed, not in the labor force but still part of the (civilian, noninstitutionalized) adult population, or not in the (civilla noninstitutionalized) adult population. Person...
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...
Employment Unemployment Rate homeboyment Labor Force Labor Force Adult (in Population thousands) (in thousands) | Number Employed Unemployed (in Year in thousands) thousands) 2019 5,989 157,529 2018 6,308 155,760 2017 6,979 153,334 2016 7,757 151,439 2015 8,294 148,845 2014 9,602 146,319 2013 11,457 143,941 2012 12,499 142,475 2011 13,739 139,885 2010 14,808 139,077 2009 14,295 139,894 Labor Force Participation Rate 63.1% 62.9% 62.8% 62.8% 62.7% 62.9% 63.3% 63.7% 64.1% 64.7% 65.4% *Real-time data provided by Federal Reserve Economic Data (FRED),...
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...
What happens to the mass number and the atomic number of an element when it emits parmmandation A. The mass number remains unchanged while the atomic number decreases by one B. The mass number decreases by four and the atomic number decreases by two C. The mass number increases by four and the atomic number increases by two. D. The mass number remains unchanged while the atomic number increases by one E. The mass number and atomic numbers remain unchanged.
Macroeconomic
Thank you so much
1. Measuring unemployment and labor force participation A Aa Consider a small economy composed of six people: Eric, Madeline, Daesun, Laura, Tim, and Yvonne. Each person's employment status is described in the following table Based on the criteria used by the Bureau of Labor Statistics (BLS), classify each person as employed, unemployed, not in the labor force but still part of the (civilian, noninstitutionalized) adult population, or not in the (civilla noninstitutionalized) adult population. Person...
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