Calculate the unemployment rate and labor -force participation rate given the following information (show your calculations):   -Number of employed = 170 million -Labor force = 185 million -Working- age population = 300 million -Number of discouraged workers = $1.5 million.

Q: The following table shows the annual average data on the employment status of the U.S. civilian…

A: Unemployment refers to the part of labor force which have ability to work but are jobless.Total…

Q: Classify each of the following individuals in one of the following categories: employed, unemployed,…

A: As per BLS a person is considered employed if he had worked at least 1 hour for pay or 15 hours as…

Q: If a contry has a noninstitutional population of 200 million and a labor force of 160 million and…

A: Labor force participation rate: It indicates the percentage of the working-age population in the…

Q: Use the accompanying table to calculate the following statistics for Brazil: Labour force…

A: Adult Population (millions) = 140 Unemployed (millions) = 7 Employed (millions) = 88

Q: Frictional unemployment exists because of the time it takes for workers to search for the jobs that…

A: Unemployment exists when a worker who is willing and able to work is unable to find a suitable job.…

Q: The following scenarios have been taken from actual answers to the Current Population Survey…

A: Selena meyer is neither employed nor unemployed,because she does not have job and she is not looking…

Q: Population (working age). 240,000 Employed 180,000 Unemployed…

A: Labor force = Employed + Unemployed Labor force participation rate :  Labor force / Working age…

Q: Suppose the workingminus−age population of a fictional economy falls into the following​ categories:…

A: In the US, the official unemployment rate is called the U-3. It states the unemployed people as…

Q: Calculate the size of the labor force and the unemployment rate if there are 200 frictionally…

A: Given. Fictionally unemployed = 200 Structurally unemployed = 175 Cyclically unemployed = 50…

Q: Please calculate the employment rate given the following information: Please round to two decimal…

A: Employment rate is the ratio of employed people to the total number of people in labor force.

Q: Explain THREE specific reasons that could account for the differences observed in the unemployment…

A: Three reasons that could account for the differences observed in the unemployment rate for Jamaica…

Q: Given the information below, answer the following: Calculate the unemployment and labor force…

A: The labor force participation rate is the measure to evaluate working-age population in an economy.…

Q: ientrate, and the labor force participation rate. Enter your answers in the table below. (Give all…

A: The labor force participation rate is an estimate of an economy's active workforce. The formula is…

Q: The following table shows Metropolis' population and employment data. What is the approximate…

A: The unemployment rate in the economy is one of the important factors which shows the health of an…

Q: If the labor force is 190 million and the unemployment rate is 6.5 percent, the number of people…

A: Labor force refers to the sum of the number of people who are employed and the number of people who…

Q: calculate the unemployment rate: Total adult population over the age of 16 83 million Total in the…

A: Formula for calculation of unemployment rate: Unemployment rate = (Total unemployed population /…

Q: QUESTION 7 Which of the following pictures best describes the impact on the labor market of an…

A: Unemployment insurance benefits that are more generous improve the functioning of the labour market…

Q: The table describes hypothetical employment statistics for a country in a given year. Full-time…

A: The labor force comprises of those who are employed as well as those who are unemployed and looking…

Q: Based on the information in the table below, calculate the unemployment rate: Total adult…

A: Unemployment rate measures the percentage of total labor force that are unemployed. By unemployed,…

Q: Find the relative change in unemployment from January 2005 to December of 2015.

A: Relative change in the unemployment rate from January 2005 to December 2015 can be calculated by…

Q: U.S. population is 328 million people 70 million individuals are legally classified as unable to…

A: Labor force participation rate refers to the number of individuals who are actively working or…

Q: One of the main problems with calculating the unemployment rate is that part-time work counts the…

A: Correct: B. The unemployment rate would increase

Q: Suppose the Parliament passes legislation making it more difficult for firms to fire workers (an…

A: Unemployment refers to the situation where an individual who does not have a job, who is actively…

Q: Given the below information you are to find the labor force participation rate and the unemployment…

A: Labour force is defined as that share of the population which is actively searching for work. It is…

Q: Fill in the following table by calculating the official unemployment rate and the U-4 measure of…

A: Unemployment is a situation in which persons who are able, willing and looking for jobs are unable…

Q: Calculate unemployment rate and labor force participation rate for both 2019 and 2020 given the…

A: Answer: The formulas to be used are given below: Unemployment rate=unemployedlabor…

Q: Look at the following data: Employed persons = 110 million; civilian labor force = 135 million…

A:

Q: Calculate the unemployment rate and the labor force participation rate in the following cases:…

A: Labor force (LF) = Employed (E) + Unemployed (U), thus U = LF - E Unemployment rate (UR) = U / LF…

Q: What is the current unemployment rate and the labor force participation rate

A: Introduction : Unemployment is a term referring to individuals who are employable and actively…

Q: Calculate the natural level of employment if the labor force is 150 million and the natural rate of…

A: At natural rate of unemployment, the economy operates at full employment, where there exists…

Q: Calculate for the unemployment rate using the table below: Total Population 20 000 Working Age…

A: Employed people is 1000 Unemployed people is 100 ----------------- Labor force is the sum of…

Q: Suppose the Parliament passes legislation making it more difficult for firms to fire workers (an…

A: Unemployment has been a major issue for the economies across the world for a long time. There are…

Q: These refer to the percentage of people who do not have a job and are not looking for a job a. Out…

A: The unemployment rate can be calculated by: Unemployed people/labor force

Q: Given the figure attached below, calculate for the labor participation rate and unemployment rate.

A: The unemployment rate measures the fraction of the total labor force that is not employed. The total…

Q: Refer to the table given. The labor-force participation rate is ... percent. Employed Unemployed Not…

A:

Q: What are frictional unemployment and structural unemployment? Give two possible sources of…

A: Unemployment refers to the situation where an individual does not have a job but has actively looked…

Q: Decide whether each of the following are frictional, structural, or cyclical unemployment: The…

A: Unemployment caused by lay-off due to business cycle recession is Cyclical unemployment.

Q: The following scenarios have been taken from actual answers to the Current Population Survey…

A: As per BLS, a person is considered as unemployed if he does not have a job, have actively looked for…