Answer:
1. Unemployment rate = 8.53
Unemployment rate = No of unempoyed people / Labor force
No of unemployed = 14
Labor force = Full time workers (123) + (part time workers (27) + Looking for work (14) = 164
So, unemplyment rate = 14/ 164 = 8.53
2. If 4 million become discouraged workers, the unemployment rate will decrease. The unemloyment rate is now 6.25
If 4 million become discouraged workers, they are out of labor force. So, now unemployed will be 10 million and labor force will be 160 million
Unemployment rate = 10/ 160 = 6.25
Use the table below to answer the question Category Number of people (millions) 14 123 40...
Number of people (millions) 14 123 Category Institutionalized Full-time workers Less than 16 years of age Armed forces (noncivilian) Part-time workers Population Looking for work 1E) 20 27 314 12 The unemployment rate is (calculate to the nearest one-tenth of a percent) 9 See Hint Part 2 (2 points) If 4 million of those who are currently unemployed become discouraged workers, the unemployment rate will The unemployment rate is now decrease calculate to the nearest one-tenth of a percent)
Window Help M2 33D Sat 6:54 PM Raul Rodriguez wwnorton.com Smartworks ployment: Homework 09/29/19 84% [email protected] Use the table below to answer the question. Category Number of people (millions) Institutionalized Full-time workers Less than 16 years of age Armed forces (noncivilian) Part-time workers Population Looking for work The unemployment rate is (give your answer to two decimals): 9.23 SUBMIT ANSWER 14 OF 16 QUESTIONS COMPLETED < 15/16 > loyment: Homework 09/29/19 8426 raul_rodriguez1my.cuesta Armed forces (noncivilian) Part-time workers Population Looking...
Number of people (millions) 14 Category Institutionalized Full-time workers Less than 16 years of age Armed forces (noncivilian) Part-time workers Population Looking for work 113 40 20 27 314 16 Refer to the table above. What is the labor force participation rate for this economy? (Round to the nearest one-tenth of a percent.)
Use the following table to answer questions 4-6. Number of people (millions) 250 30 15 20 145 10 10 Category Total population Less than 16 years of age Institutionalized Part-time workers Full-time workers Looking for jobs in the past 4 weeks In U.S. Armed Forces 4) Using the table above, the working-age population is: 5) Using the table above, the nmber of people in the labor force is: 6) Using the table above, the unemployment rate is 7) The unemployment...
Category Millions total population 310 population 16 and above 250 employed 192 unemployed 8.00 structurally unemployed 4.00 frictionally unemployed 2.00 unemployed more 27 weeks or more 2.00 marginally attached workers 2.00 discouraged workers 1.00 workers who are part time but want full time 0.10 What is the value of the natural rate of unemployment? What is the U-6 unemployment rate? It is sometimes called the "underemployment rate" or a "broad measure of unemployment.
8.00 Category Millions total population 310 population 16 and above 250 employed 192 unemployed structurally unemployed 4.00 frictionally unemployed 2.00 unemployed more 27 weeks or more 2.00 marginally attached workers discouraged workers 1.00 workers who are part time but want full time 2.00 0.10 What is the value of the natural rate of unemployment? What is the U-6 unemployment rate? It is sometimes called the "underemployment rate" or a "broad measure of unemployment.
QUESTION 11 30 15 Number of people Category (millions) Total population 250 Less than 16 years of age Institutionalized Part-time workers Full-time workers 145 Looking for work in the past 4 weeks In U.S. Armed Forces 5 5055 Using the table above, the working-age population is 10 10 A. 155 million B. 170 million C. 195 million D. 250 million E. 286 million QUESTION 9 Real GDP (trillions of 2009 dollars) 16.5 16.0 15.5 15.0 2012/2 2013/1 2014/1 2015/1 Year/Quarter...
The table below shows the population and employment data for Gilead, a country with a total population of 1 million people. An questions to 2 decimal places (for example: 5.64) Status # of people Children (0-16 years old) 200,000 Employed 325,000 Unemployed 25,000 Discouraged adult workers 50,000 Full-time students over 16 100,000 Retired individuals 100,000 Stay-at-home parents 100,000 Non-civilians (employed by armed forces) 60,000 Institutionalized Individuals 40,000 What is Gilead's Unemployment rate? %5 What is Gilead's Labor Force Participation rate?
Category Millions total population 310 population 16 and above 250 employed 192 unemployed 8.00 structurally unemployed 4.00 frictionally unemployed 2.00 unemployed more 27 weeks or more 2.00 marginally attached workers 2.00 discouraged workers 1.00 workers who are part time but want full time 0.10 Please calculate the labor force participation rate. What is the "headline" (U-3) unemployment rate?
The data in this table is used in questions 1-6. Category Millions total population 310 population 16 and above 250 employed 192 unemployed 8.00 structurally unemployed 4.00 frictionally unemployed 2.00 unemployed more 27 weeks or more 2.00 marginally attached workers 2.00 discouraged workers 1.00 workers who are part time but want full time 0.10 In this table you'll find numbers for the discouraged workers and the marginally attached. Do the values above make sense -- could they happen in an...