Find the absolute change in unemployment rate during 2015 (from Jan 15 to Dec 15).

Q: Determine whether there is a relationship between the unemployment rate and inflation rate.

A: Inflation rate gives the percentage change in price level over a period of time.Unemployment rate is…

Q: Calculate the nominal interest rate when real interest rate is 5% and inflation is 2%

A: # According to fisher's equation, we know that the real interest rate is the difference between…

Q: If the number of people classified as unemployed is 20,000 and the number of people classified as…

A: The formula for unemployment rate is Unemployment rate = (Unemployed People / Labor Force) * 100…

Q: A country has 20 employed workers, 5 unemployed workers still actively seeking jobs, and 10…

A: The unemployment rate, u in short, conveys the portion of labor not used by the industries. It is…

Q: The country of Altimina has a population of 150,000. According to the latest data, there are 20,000…

A: total population = 150000 not looking for work = 20000+30000 = 50000 no. of people looking for work…

Q: In an economy, 23 million people are employed and 2 million are unemployed, but 5 million part-time…

A: The unemployment is the situation when people who are willing and able to work but they are not able…

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: Refer to the following table that shows monthly data for Japan. What was the unemployment rate in…

A:

Q: Refer to the table below to answer the following questions: 1. What is the labor force…

A: Answer: Note: I am answering questions 1 and 2 as you have mentioned. (1). Labor force participation…

Q: What are three criticisms of the CPI?

A: CPI stands for consumer price index. CPI measures the aggregate price level in the economy. It does…

Q: Suppose an economy has 10,000 people who are not working but looking and available for work and…

A: Given:- Unemployed people(people who are not working)=10,000 People employed(or working)=90,000 To…

Q: If the number of people classified as unemployed is 20,000 and the number of people classified as…

A: Here we calculate the unemployment rate by using the given information and choose the correct…

Q: Consider a country with 300 million residents, a labor force of 150 million, and 10 million…

A: Labor-force: all the individuals of the working-age group either they are employed or job-seekers /…

Q: There are 42 unemployed people and 284 employed people. What is the unemployment rate?

A: Given that, The number of unemployed people = 42 The number of employed people = 284

Q: The Unemployment Rate is defined as which of the following? as the percentage of the adult…

A: Labor force is the sum of employed and unemployed. It includes the people who are currently working…

Q: If the population is 300 million, with 70 million under the age of 16 and institutionalized, another…

A: Total population = 300 million Number of employed people =150 million Number of unemployed people…

Q: How might the unemployment rate understate and overstate the amount of joblessness?

A: Unemployment: It refers to the state in which a person is searching for a job but unable to find the…

Q: Calculate the unemployment rate at the end of April 2018 Calculate the number of people unemployed…

A: Hey, thank you for the question. Since there are multiple questions posted, we will answer first…

Q: Discuss why the unemployment rate indicator has been criticised for underestimating the level of…

A: When the number of people unemployed is calculated using the rate of unemployment obtained.  This…

Q: The GDP deflator in year 2 is 110 and the GDP deflator in year 3 is 118. Calculate the rate of…

A: GDP deflator is a measure of inflation. It measures the changes in price of all goods and services…

Q: The unemployment rate equals

A: The unemployment rate is the proportion of the workforce that is unemployed.  It's a lagging…

Q: Suppose that the labor force in the Canary Islands is 82,452. There are also 1,631 stay-at-home…

A: The labor force is the sum of employed and unemployed people.  The unemployment rate measures the…

Q: Distinguish between the level of unemployment and the rate of unemployment

A: Unemployment can be defined in a lot of ways. One common way to define unemployment is as a state in…

Q: What would happen to the measured unemployment rate if individuals who had previously left the labor…

A:

Q: If 175 workers are unemployed for a period of 1 month, 87 for a period of 6 months, and 54 for a…

A: Unemployment spells linked with frictional unemployment are often short, whereas those related with…

Q: Suppose that in a population of 50 million people, 40 million are in the labour force, 36 million…

A: Unemployment rate= [Unemployed people/Labor Force]*100 Labor Force=40 million Employed=36 million…

Q: In an economy with an adult population of 120 million, total employment of 90 million, and…

A: A person is said to be a unemployed when he or she is unable to find job at market prevailing wage…

Q: Calculate the change in real wage

A: Real wage = Nominal wage - Inflation rate So, % change in real wage = % change in nominal wage - %…

Q: Is it feasible for both the number of employed individuals in the economy and the unemployment rate…

A: Total Labor Force consists of both employed and unemployed.  Unemployment Rate = Total Unemployed /…

Q: In each of the following, what happens to the Unemployment Rate?               Alexa recently…

A: Unemployment rate = [Unemployed / Labor force] * 100

Q: Suppose the Bureau of Labor Statistics interviews 196,700 people in its monthly survey; 94,500 are…

A: Here, given information is: Total population in survey: 196,700 Not in labor force: 94,500…

Q: If the population is 300 million, with 70 million under the age of 16 and institutionalized, another…

A: Unemployment refers to the situation where a person who does not have a job but is actively looking…

Q: List and explain the various unemployment rates used by the BLS, and indicate which one of the 6 is…

A: The Bureau of Labor Statistics (BLS) measures unemployment rates in six categories, they are;U-1…

Q: 25. Which of the following is the formula for calculating the unemployment rate? a. (Number of…

A: Labor force = employed+unemployed

Q: In August of 2020, the United States unemployment rate was 8.4%; in September, it was 7.8%.  Which…

A: The % change formula is: % change =New -oldOld*100

Q: Calculate the unemployment rate for an economy using the following data: Number of employed: 154…

A: Answer is given below

Q: In the above table, the unemployment rate is

A: The unemployment rate is the number of persons who are unemployed out of the total number of persons…

Q: The unemployment rate dropped to 6.6 per cent in January 2022, which is lower than the pre-pandemic…

A: The expanded definition of unemployment refers to a situation when people are not looking for any…

Q: Calculate the unemployment rate at the end of May 2018

A: Unemployment occurs when people who are willing to work and are actively looking for jobs cannot…

Q: There are 100,000 people working full time, 25,000 people working part-time, and 30,000 people who…

A: Total people in the labor force = 100,000 + 25,000 + 30,000 + 2000…

Q: Show how the unemployment rate in each month is calculated from the numbers of people.

A: The unemployment rate is the per cent of the workforce that is jobless. It is a slacking pointer,…

Q: 2017-18, the Pakistan Bureau of Statistics announced that of all adult Pakistanis, 59,786,200 were…

A: We need to get the labor force in the economy: Labor force = employed +…

Q: The labour force is 10,000 • The Non-institutional population 16 years of age and older is 15,000 •…

A: The data presented in the question above is as:- Labour force = 10,000 Non institutional population…