11 You, a grad student in economics, need to calculate the unemployment rate for our region,...
11 You, a grad student in economics, need to calculate the unemployment rate for our region, state and the nation. Which one of the following you will use? You will divide the number of:
- Unemployed by the size of the population and multiplying by 100.
- Unemployed by the labor force and multiplying by 100.
- Unemployed by the percentage of the employed population and multiplying by 100.
- Employed by the labor force and multiplying by 100.
Homework Answers
Option B. Unemployed by the labor force and multiplying by 100.
Explanation: Unemployment rate is the portion of the labor force that is unemployed. Unemployment rate = unemployed/labor force * 100.
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11 You, a grad student in economics, need to calculate the unemployment rate for our region,...
What is the formula used to calculate the official unemployment rate?
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I got the equation to use for unemployment rate but I need help with the rest....
I got the equation to use for unemployment rate but I need help with the rest. In alphaland there are 275,000 employed; 25,000 were unemployed; and 100,000 were not in the labor force. Assume all citizens are adults. Use this information to calculate: a. Adult population b. Labor force c. Labor force participation rate d. Unemployment rate 6.25%
Imagine in 2019 the population 16 and older of a country A is 400,000 and labor force is 300.000 and the unemployment rate is 8%. (show the formulas) (a) Calculate the number of people that are e...
Imagine in 2019 the population 16 and older of a country A is 400,000 and labor force is 300.000 and the unemployment rate is 8%. (show the formulas) (a) Calculate the number of people that are employed (10%) (b) Calculate the number of people that are unemployed (10%) (c) Calculate the labor force participation rate in Country A in 2019 (10%)
Imagine in 2019 the population 16 and older of a country A is 400,000 and labor force is 300.000...
then Use the data below to calculate the Unemployment Rate per country State the Unemployed without...
then Use the data below to calculate the Unemployment Rate per country State the Unemployed without a decimal point. State the Unemployment rate to two decimal points and do not include a % sign. Country Adult Population Labor Force Employed Unemployed Unemployment Rate Japan 109.474 66,010 62,510 France 46,804 26,870 24,293 Germany 70,159 39,592 35,755 England 68.570 59,050 54,435
Given the information in the table below, calculate the unemployment rate (the percentage that are unemployed)...
Given the information in the table below, calculate the unemployment rate (the percentage that are unemployed) Population 15+ 20,000 Employed 10,000 Discouraged Workers 3,000 Unemployed Labour Force 15,000 Select one: a. 25% b. 33.3% c. 27.5%
3. The table below shows unemployment and labor force statistics for an economy. Actual rate of...
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To find unemployment, you need to calculate The number of discouraged workers divided by the number...
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Which of the following statements is INCORRECT? Select one: a. The unemployment rate is the number...
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I need some help completing this exercise on unemployment and inflation and labor force participation In...
I
need some help completing this exercise on unemployment and
inflation and labor force participation
In an economy, the working-age population is 400 million. Of this total, 320.0 million workers are employed. 12.0 million workers are unemployed 56.0 million workers are not available for work (homemakers, full-time students, etc.) 8.0 million workers are available for work but are discouraged and thus are not seeking work 4.0 million workers are available for work but are not currently seeking work due to...
Imagine in 2019 the population 16 and older of a country A is 400,000 and labor force is 300.000 and the unemployment rate is 8%. (show the formulas) (a) Calculate the number of people that are employed (10%) (b) Calculate the number of people that are unemployed (10%) (c) Calculate the labor force participation rate in Country A in 2019 (10%)
Imagine in 2019 the population 16 and older of a country A is 400,000 and labor force is 300.000...
then Use the data below to calculate the Unemployment Rate per country State the Unemployed without a decimal point. State the Unemployment rate to two decimal points and do not include a % sign. Country Adult Population Labor Force Employed Unemployed Unemployment Rate Japan 109.474 66,010 62,510 France 46,804 26,870 24,293 Germany 70,159 39,592 35,755 England 68.570 59,050 54,435
Given the information in the table below, calculate the unemployment rate (the percentage that are unemployed) Population 15+ 20,000 Employed 10,000 Discouraged Workers 3,000 Unemployed Labour Force 15,000 Select one: a. 25% b. 33.3% c. 27.5%
Which of the following statements is INCORRECT? Select one: a. The unemployment rate is the number of persons who are unemployed divided by the labor force then times 100. b. The labor-force participation rate is the labor force divided by the working-age population then times 100. C. The labor force is equal to the number of people employed plus the number of people unemployed. d. The working age population includes everyone over the age of 16. Next page 19 Hamdan...
I
need some help completing this exercise on unemployment and
inflation and labor force participation
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