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QUESTION 9 Using the information in Table 8-1, Table 8-1 10,000 200 100 Population (of which 1/2 are 16 and older) Full-time

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Answer #1

(9) (d)

Working age population (WP) = 10,000 x (1/2) = 5,000

Labor force (LF) = Currently working + Called in sick + Currently on vacation + Actively seeking employment

= 2,000 + 400 + 600 + 1,000 = 4,000

LFPR = (LF / WP) x 100% = (4,000 / 5,000) x 100% = 80%

(10) (a)

Employed = Currently working + Called in sick + Currently on vacation = 2,000 + 400 + 600 = 3,000

Employment-population ratio = (3,000 / 10,000) x 100% = 30%

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