Category Millions total population 310 population 16 and above 250 employed 192 unemployed 8.00 structurall...
| 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?
Homework Answers
a.
The labor force participation rate=(LF/population 16 and above)*100
=(200/250)*100
=80%
b.
(U-3) unemployment rate=(Total unemployed people / LF)*100
=(8/200)*100
=4%
Add Answer to:
Category Millions total population 310 population 16 and above 250 employed 192 unemployed 8.00 structurall...
Category Millions total population 310 population 16 and above 250 employed 192 unemployed 8.00 structurally unemployed...
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 unemploy...
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.
Category Millions total population 310 population 16 and above 250 employed 192 8.00 unemployed structurally unemployed...
Category Millions total population 310 population 16 and above 250 employed 192 8.00 unemployed 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 0.10 time What is the "headline" (U-3) unemployment rate? You should recall that in class we introduced one way of measuring long-term unemployment. From data in the above table, what would it be? For this question and the...
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checking to see if these are correct
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