Homework Answers
Ans: 13.82
Explanation:
Unemployment rate = ( Total Unemployed persons / Labor force ) * 100
= ( 22,100,000 / 159,932,000) * 100
= 0.138184 * 100
= 13.8184 or 13.82
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As of June 2020, the United States has the following labor statistics: Working Age Population: 260,204,000...
As of June 2020, the United States has the following labor statistics: Working Age Population: 260,204,000...
As of June 2020, the United States has the following labor statistics: Working Age Population: 260,204,000 Labor Force: 159,932.000 Employed Persons: 137,832,000 Calculate the labor force particpation rate, rounding your answer to the nearest tenth (don't add the percent symbol, just the numbers).
As of June 2020, the Chicago metro area has the following labor statistics: Population: 9,458,539 Labor...
As of June 2020, the Chicago metro area has the following labor statistics: Population: 9,458,539 Labor Force: 5,006,583 Employed Persons: 4,226,275 Calculate the unemployment rate, rounding your answer to the nearest tenth (don't add the percent symbol, just the numbers).
2. Labor Force Participation 75 % #Unemployed =50 million #Working Age Population 200 Million A) Calculate:...
2. Labor Force Participation 75 % #Unemployed =50 million #Working Age Population 200 Million A) Calculate: #Employed, #Labor Force, #Not in Labor Force and Unemployment Rate B) If the economy was in recession and is now starting an expansion would we expect unemployment to increase or decrease? Which types of unemployment should change? C) The next unemployment numbers are reported and unemployment rises, is this consistent with your estímate in B? Explain why the increase in unemployment may be due...
The table describes hypothetical employment statistics in the United States in a given year. The labor...
The table describes hypothetical employment statistics in the United States in a given year. The labor force is the sum of those that are employed plus the unemployed. Labor Full-time workers and UnderemployedDiscouraged force voluntary part-workers workersworkers million5 million 155 140 million million Based on the information, what is the unemployment rate? Specify your answer to one decimal place unemployment rate
The table describes hypothetical employment statistics in the United States in a given year. The labor...
The table describes hypothetical employment statistics in the United States in a given year. The labor force is the sum of those that are employed plus the unemployed. Labor Full-time workers and UnderemployedDiscouraged force voluntary part-workers 155 million workers workers 140 million 7 mion 5 mon Based on the information, what is the unemployment rate? Specify your answer to one decimal place. unemployment rate: 5.2
in 2007 the us labor force was equal to thousands QUESTION 1 Refer to the data...
in 2007 the us labor force was equal to thousands
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Find the working-age population, labor force, number of employed workers, and number of unemployed workers. Ellen...
Find the working-age population, labor force, number of
employed workers, and number of unemployed workers.
Ellen is downloading labor market data for the most recent month, but her connection is slow. So far this is all she has been able to collect: Unemployment rate | 56% | Participation rate 62.5% Not in the labor force61.5 million Find the working-age population, the labor force, the number of employed workers, and the number of unemployed workers. Instructions: Enter your responses rounded to...
6) Suppose the working-age population is 220 million, the labor force is 150 million, and the...
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.
42 of 64 (21 complete) The table gives information reported by the Bureau of Labor Statistics...
42 of 64 (21 complete) The table gives information reported by the Bureau of Labor Statistics for 2010 Calculate the unemployment rate, the labor force participation rate, and the employment to population ratio >>> Answer to 1 decimal place The unemployment rate is percent The labor force participationale la percent. The employment-to-population ratio is percent Labor force Employment Working age population 153,700,000 139,100,000 237,800,000
ECO 311 Spring 2019 Problem 1 Computing Labor Force Statistics 1. The following data were obtained...
ECO 311 Spring 2019 Problem 1 Computing Labor Force Statistics 1. The following data were obtained for November 2009 and November 2018 from the Department of Labor, Bureau of Labor Statistics Nov. 2002 Nov. 2018 Total Population 308,526,000 328,997,000 PLf-Noninstitutional Civilian Population 236,743,000 258,708,000 72,794,000 83,219,000 9,171,0003,106,000 65,587,000 73,576,000 6,169,000 2,869,000 33,479,000 38,811,000 Aged 16 Years and Older Men Employed Men Unemployed Women Employed Women Unemployed Men Not in the Labor Force Compute the following labor force statistics for each...
As of June 2020, the United States has the following labor statistics: Working Age Population: 260,204,000 Labor Force: 159,932.000 Employed Persons: 137,832,000 Calculate the labor force particpation rate, rounding your answer to the nearest tenth (don't add the percent symbol, just the numbers).
As of June 2020, the Chicago metro area has the following labor statistics: Population: 9,458,539 Labor Force: 5,006,583 Employed Persons: 4,226,275 Calculate the unemployment rate, rounding your answer to the nearest tenth (don't add the percent symbol, just the numbers).
2. Labor Force Participation 75 % #Unemployed =50 million #Working Age Population 200 Million A) Calculate: #Employed, #Labor Force, #Not in Labor Force and Unemployment Rate B) If the economy was in recession and is now starting an expansion would we expect unemployment to increase or decrease? Which types of unemployment should change? C) The next unemployment numbers are reported and unemployment rises, is this consistent with your estímate in B? Explain why the increase in unemployment may be due...
The table describes hypothetical employment statistics in the United States in a given year. The labor force is the sum of those that are employed plus the unemployed. Labor Full-time workers and UnderemployedDiscouraged force voluntary part-workers workersworkers million5 million 155 140 million million Based on the information, what is the unemployment rate? Specify your answer to one decimal place unemployment rate
The table describes hypothetical employment statistics in the United States in a given year. The labor force is the sum of those that are employed plus the unemployed. Labor Full-time workers and UnderemployedDiscouraged force voluntary part-workers 155 million workers workers 140 million 7 mion 5 mon Based on the information, what is the unemployment rate? Specify your answer to one decimal place. unemployment rate: 5.2
in 2007 the us labor force was equal to thousands
QUESTION 1 Refer to the data in the table to answer all of the questions that follow. All of the numbers are from the Bureau of Labor Statistics. The Civilian Noninstitutional Population' is defined as "persons 16 years of age and older residing in the 50 states and the District of Columbia who do not live in institutions (for example. correctional facilities, long-term care hospitals, and nursing homes) and who...
Find the working-age population, labor force, number of
employed workers, and number of unemployed workers.
Ellen is downloading labor market data for the most recent month, but her connection is slow. So far this is all she has been able to collect: Unemployment rate | 56% | Participation rate 62.5% Not in the labor force61.5 million Find the working-age population, the labor force, the number of employed workers, and the number of unemployed workers. Instructions: Enter your responses rounded to...
42 of 64 (21 complete) The table gives information reported by the Bureau of Labor Statistics for 2010 Calculate the unemployment rate, the labor force participation rate, and the employment to population ratio >>> Answer to 1 decimal place The unemployment rate is percent The labor force participationale la percent. The employment-to-population ratio is percent Labor force Employment Working age population 153,700,000 139,100,000 237,800,000
ECO 311 Spring 2019 Problem 1 Computing Labor Force Statistics 1. The following data were obtained for November 2009 and November 2018 from the Department of Labor, Bureau of Labor Statistics Nov. 2002 Nov. 2018 Total Population 308,526,000 328,997,000 PLf-Noninstitutional Civilian Population 236,743,000 258,708,000 72,794,000 83,219,000 9,171,0003,106,000 65,587,000 73,576,000 6,169,000 2,869,000 33,479,000 38,811,000 Aged 16 Years and Older Men Employed Men Unemployed Women Employed Women Unemployed Men Not in the Labor Force Compute the following labor force statistics for each...
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