(a) Department of Statistics of Malaysia has collected the following data for year 2020 and 2021: |Population Employed Unemployed 2020 32.60 millions 15.096 millions 0.504 millions 2021 34.30 millions 15.53 millions 0.643 millions i. Calculate Malaysia's labour force for year 2020 and 2021. Calculate Malaysia's unemployment rate for year 2020 and 2021. ii. Calculate Malaysia's labour-participation rate for year 2020 and 2021.

(a) Department of Statistics of Malaysia has collected the following data for year 2020 and 2021: |Population Employed Unemployed 2020 32.60 millions 15.096 millions 0.504 millions 2021 34.30 millions 15.53 millions 0.643 millions i. Calculate Malaysia's labour force for year 2020 and 2021. Calculate Malaysia's unemployment rate for year 2020 and 2021. ii. Calculate Malaysia's labour-participation rate for year 2020 and 2021.

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter7: Unemployment And Inflation

Section: Chapter Questions

Problem 12E

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