Learning activity 1
The following table shows a few aggregate variables for Canada for 2017 and 2018.
Use the data in the table to determine the following:
(a) the unemployment rate in 2017 and 2018
(b) the labor force participation rate in 2017 and 2018
(c) the inflation rate as measured by the implicit price deflator
(d) Using the findings from a and b, do you think the labour market is getting better or worse?
*To solve the question, consider “Population” as “Working Age Population”
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(g) Did the relative price of consumer goods in Canada increase, decrease or stay the same...
(g) Did the relative price of consumer goods in Canada increase, decrease or stay the same relative to the price of other elements of GDP (government purchases, investment and exports)? Would you say the labor market is improving or getting worse? Refer to specific statistics in the table and those you have calculated 2017 2018 Unemployment rate Labor force participation rate Deflator Inflation rate Year 2017 2018 Population 29,791 30,154 Employed 18,301 18,591 Unemployed 1,307 1,149 CPI 129 132 Real...
Fill in the missing values in the table Working Age Population Value Employment 19,394,700 Unemployment Unemployment...
Fill in the missing values in the table Working Age Population Value Employment 19,394,700 Unemployment Unemployment rate 8.0% Labour force Labour force participation rate 67.1% Employment-population ratio
Fill in the missing values in the table of data collected in a labour force survey...
Fill in the missing values in the table of data collected in a labour force survey in October 2015 for a particular region. (Round your responses for unemployment and labour fo employment-population ratio to one decimal place.) Value 19,414,100 Working Age Population Employment Unemployment Unemployment rate Labour force Labour force participation rate Employment-population ratio
Fill in the missing values in the table of data collected in a labour force survey...
Fill in the missing values in the table of data collected in a labour force survey in October 2015 for a particular region. (Round your responses for unemployment and labour force to the nearest whole number. Round your response for employment-population ratio to one decimal place.) Value 19,301,600 Working Age Population Employment Unemployment Unemployment rate Labour force Labour force participation rate Employment-population ratio 8.5% 67.1%
Fill in the missing values in the table of data collected in a labour force survey...
Fill in the missing values in
the table of data collected in a labour force survey in October
2015 for a particular region.
(Round your responses for unemployment and labour force to the
nearest whole number. Round your response for employment
cash–population ratio to one decimal place.)
Value 19,321,300 Working Age Population Employment Unemployment Unemployment rate Labour force Labour force participation rate Employment-population ratio 9.0% 65.0%
Between 2017 and 2018, Morocco's inflation rate rose from 0.75% to 1.85%. During that same period, the...
Between 2017 and 2018, Morocco's inflation rate rose from 0.75% to 1.85%. During that same period, the unemployment rate fell from 10.7% to 10.0%; however the labor force participation rate also fell from 47.5% to 47.1%. GDP per capita grew from $3,303 in 2017 to $3,357 in 2018. a) Explain who is hurt by the rising inflation. In your answer, include an explanation of ONE of either menu costs or shoe-leather costs and ONE other cost of inflation. b) Who in...
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...
ECON 1150 ch 17
The following table shows selected data on unemployment and inflation in Canada between 1982 and 1986.YearUnemployment Rate (%)Inflation Rate (%)198211.010.8198312.05.9198411.34.3198510.64.019869.74.2The data for these five years have been plotted on the following graph for you. This graph will allow you to examine the relationship between unemployment and inflation during this period and solve the problems that follow.8.08.59.09.510.010.511.011.512.011.010.09.08.07.06.05.04.03.0INFLATION RATE (Percent)UNEMPLOYMENT RATE (Percent)The following graph shows the short-run Phillips curve for Canada in 1982. Shift the curve to illustrate what happened between 1982...
Fill in the missing values in the table of data collected in the household survey for...
Fill in the missing values in the table of data collected in the household survey for December, 1996. The working-age population, employment, unemployment, and labor force are measured in thousands. Show your work. Working-age population ? Employment ? Unemployment ? Unemployment rate 5.4% Labor force 135,113 Labor force participation rate 67.0% You can email it back to me next week.
5. The accompanying table provides data on the size of the labour force and the number...
5. The accompanying table provides data on the size of the labour force and the number of unemployed work- ers for the provinces and territories of Canada. Labour force Unemployed (thousands) (thousands) May 2016 May 2017 May 2016 May 2017 2444.9 2484.2 194.5 193.1 2520.8 2612.9 153.4 146.3 675.7 678.6 40.0 35.9 387.7 384.8 38.5 32.4 Province/ Territory Alberta British Columbia Manitoba New Brunswick Newfoundland and Labrador Nova Scotia Ontario Prince Edward Island Quebec Saskatchewan 270.0 264.9 31.9 39.2 488.6...
(g) Did the relative price of consumer goods in Canada increase, decrease or stay the same relative to the price of other elements of GDP (government purchases, investment and exports)? Would you say the labor market is improving or getting worse? Refer to specific statistics in the table and those you have calculated 2017 2018 Unemployment rate Labor force participation rate Deflator Inflation rate Year 2017 2018 Population 29,791 30,154 Employed 18,301 18,591 Unemployed 1,307 1,149 CPI 129 132 Real...
Fill in the missing values in the table Working Age Population Value Employment 19,394,700 Unemployment Unemployment rate 8.0% Labour force Labour force participation rate 67.1% Employment-population ratio
Fill in the missing values in the table of data collected in a labour force survey in October 2015 for a particular region. (Round your responses for unemployment and labour fo employment-population ratio to one decimal place.) Value 19,414,100 Working Age Population Employment Unemployment Unemployment rate Labour force Labour force participation rate Employment-population ratio
Fill in the missing values in the table of data collected in a labour force survey in October 2015 for a particular region. (Round your responses for unemployment and labour force to the nearest whole number. Round your response for employment-population ratio to one decimal place.) Value 19,301,600 Working Age Population Employment Unemployment Unemployment rate Labour force Labour force participation rate Employment-population ratio 8.5% 67.1%
Fill in the missing values in
the table of data collected in a labour force survey in October
2015 for a particular region.
(Round your responses for unemployment and labour force to the
nearest whole number. Round your response for employment
cash–population ratio to one decimal place.)
Value 19,321,300 Working Age Population Employment Unemployment Unemployment rate Labour force Labour force participation rate Employment-population ratio 9.0% 65.0%
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...
Fill in the missing values in the table of data collected in the household survey for December, 1996. The working-age population, employment, unemployment, and labor force are measured in thousands. Show your work. Working-age population ? Employment ? Unemployment ? Unemployment rate 5.4% Labor force 135,113 Labor force participation rate 67.0% You can email it back to me next week.
5. The accompanying table provides data on the size of the labour force and the number of unemployed work- ers for the provinces and territories of Canada. Labour force Unemployed (thousands) (thousands) May 2016 May 2017 May 2016 May 2017 2444.9 2484.2 194.5 193.1 2520.8 2612.9 153.4 146.3 675.7 678.6 40.0 35.9 387.7 384.8 38.5 32.4 Province/ Territory Alberta British Columbia Manitoba New Brunswick Newfoundland and Labrador Nova Scotia Ontario Prince Edward Island Quebec Saskatchewan 270.0 264.9 31.9 39.2 488.6...
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