Adult working Labour force population Not in Number Number the labour force Employment Labour Force Employed Unemployed rate Participation rate 111,210 50,260 15,700 What is the employment rate? Answer:

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 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

Are the following workers more likely toexperience short-term unemployment or long-termunemployment? Explain.a. a construction worker who is laid off because ofbad weatherb. a manufacturing worker who loses his job at aplant in an isolated areac. a stagecoach-industry worker who is laid offbecause of competition from railroadsd. a short-order cook who loses his job when a newrestaurant opens across the streete. an expert welder with little formal education wholoses his job when the company installs automaticwelding machinery

Aworker classified as frictionally unemployed is one whois Select one. O a.working part-time but would prefer to work ful-ime O b.unemployed while looking for a job that denandshisar her skills. O ciscouraged and has dropped our of the labourforce O d laid off during a recession.

What is frictional unemployment

What is frictional unemployment? Give examples of frictional unemployment.

If you an? out of school but working part time, are you considered employed or unemployed in U.S. labor statistics? If you are a full time student and working 12 hours a week at the college cafeteria are you considered employed or not in the labor force? If you are a senior citizen who is collecting social security and a pension and working as a greater at Wal-Mart are you considered employed or not in the labor force?

Between January 20JO and Janual'}• 2016, U.S.employment increased by 12.1 million workers, butthe number ol unemployed workers declined by mlly7.3 million. How are these numbers ronsistent witheach other? V.'hy might one expect a reduction in thenumber of people rounted as unemployed lo be smaUerthan the increase in the number of people employed?