esc15The table below shows information on the adult population of a small country.Employment InformationAdult population42.6 millionFull-time workers28.9 million02:19:32Part-time workers2.5 millionUnemployed workers actively2.8 millionMcGrawHillseeking employmentUnemployed workers not actively 1.1 millionseeking employmentWhat is the unemployment rate?Multiple Choice8.2 percent6.6 percent8.0 percent5.7 percent7382,243zoom< Prev15 of 40AMacBook Pro

To calculate the unemployment rate, we need to find the number of unemployed individuals actively…

Answered: esc 15 The table below shows…

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

nuuiemployment Saved Help Save & Exit Sub The table below shows labour force information for a hypothetical economy, Assiniboia. Finding Participation and Unenploynent Rates in Ass iniboia Total population 15 years and over Those 15 years and over not in the labour force population Morkers with part-time fobs Morkers with full-time 1obs Uneaployed members of the labour force 2019 2020 21.1 million 21.4 million 3.0 aillion 3.1 million" 1.75 illlorf 10.3 willion 500,000 2.00 mil1ion 10.4 million 550,000 a. Calculate Assinibola's labour force population, labour force, participation rate, and official unemployment rate in 2019. Then calculate values for the same variables in 2020. Enter your responses rounded to t decimal place 2019 2020 Labour Force Population nillion Labour Force alllion alllion Participation Rate official Unemployment rate b. Has Assiniboia's official unemployment rate risen or fallen between 2019 and 2020? Has the number of unemployed members of the workforce risen or…
Between January 2012 and January 2019,U.S. employment increased by 17.3 million workers,but the number of unemployed workers declined byonly 6.3 million. How are these numbers consistentwith each other? Why might one expect a reductionin the number of people counted as unemployed tobe smaller than the increase in the number of peopleemployed?
The Bureau of Labor Statistics reported in 2005 that there were 59.98 million people over age 25 whose highest level of education was a high school degree or equivalanet. 36.40 million of whom were employed and 1.93 million of whom were unemployed. What were the labor-force participation rate and the unemployment rate for this group?
4G1 11:23 BO Bully Just now Suppose some country had an adult population of about 25 million, a labor-force participation rate of 60 percent, number of employed 14.1 million people. What is the unemployment rate?
The Current Population Survey reports the data for last month: 73 million people had full-time jobs. 10 million people had part-time jobs. 5 million people had no work but were available and had looked for work in the past four weeks. 36 million people of working age did not have jobs and did not want jobs. Calculate last month's labor force and working-age population. 3 tries left Last month, the labor force was was million. A. 98; 134 OB. 93; 124 OC. 88; 134 D. 88; 124 million and the working-age population
The table gives information from the Current Population Survey. What is the employment-population ratio? The employment-population ratio is enter your response here percent. >>> Answer to 1 decimal place.
If 42 percent of all people working in the UnitedStates are baby boomers, how many were working in2008? If 15 percent of the baby boomers retire in 10years, how many jobs will this represent from 2008employment? Use employment information from thelesson to make the calculations.
The table blow shows recent population and labour force data for a country X.Total population (millions) - 2,2300,000Civilian population (over 18 years) -18,099,700Labour force =11,819,500Employed persons 11,212,300Based on the information above, calculate the unemployment rate and theparticipation rate
The population of Ectenia rs 100 people: 40 workfull-time. 20 work hal f-time but would orefer to workfull-time, 10 are looking for a job. 10 would like towork but are so discouraRed thev have Riven up looking.10 are not interested in working because theyare fu ll-time students. and 10 are retired. What is thenumber of unemoloved?a. 10b. 200 :'10d. 40
Which Employment Sectors have Basic Employment?look at the ta
Assess whether the following would be counted as “unemployed” in the Current Employment Statistics survey. a. A husband willingly stays home with children while his wife works. b. A manufacturing worker whose factory just closed down. c. A college student doing an unpaid summer internship. d. A retiree. e. Someonewhohasbeenoutofworkfortwoyears but keeps looking for a job. f. Someone who has been out of work for two months but isn’t looking for a job. g. Someone who hates her present job and is actively looking for another one. h. Someone who decides to take a part time job because she could not find a full time position.
What is the labor force participation rate? Not in labor force 76.0 million The labor force participation rate is percent. Labor force 147.4 million >>> Answer to 1 decimal place. Employed 139.3 million EGO B8888888888

SEE MORE QUESTIONS

Recommended textbooks for you

Exploring Economics

Economics

ISBN:

9781544336329

Author:

Robert L. Sexton

Publisher:

SAGE Publications, Inc

Macroeconomics: Private and Public Choice (MindTa…

Economics

ISBN:

9781305506756

Author:

James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:

Cengage Learning

Principles of Economics 2e

Economics

ISBN:

9781947172364

Author:

Steven A. Greenlaw; David Shapiro

Publisher:

OpenStax

Exploring Economics

Economics

ISBN:

9781544336329

Author:

Robert L. Sexton

Publisher:

SAGE Publications, Inc

Macroeconomics: Private and Public Choice (MindTa…

Economics

ISBN:

9781305506756

Author:

James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:

Cengage Learning

Principles of Economics 2e

Economics

ISBN:

9781947172364

Author:

Steven A. Greenlaw; David Shapiro

Publisher:

OpenStax

Economics (MindTap Course List)

Economics

ISBN:

9781337617383

Author:

Roger A. Arnold

Publisher:

Cengage Learning

Macroeconomics

Economics

ISBN:

9781337617390

Author:

Roger A. Arnold

Publisher:

Cengage Learning

SEE MORE TEXTBOOKS