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how does Statistics Canada measures the actual
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- A country with a population of eight million adults has five million employed, 500,000 unemployed, and the rest 0f the adult population is out of the labor force. Whats the unemployment rate? What share of population is in the labor force? Sketch a pie chart that divides the adult population into these three groups.Explain how Statistics Canada measures the actual unemployment rate for Canada for a given yearCalculate unemployment rate if adult population of the nation is 900 people of which 550 people are working and 50 are looking for working
- Explain how Statistics Canada measures the actual unemployment rate for Canada for a given year. Why does every economy have a natural rate of unemployment (NRU)? Can the actual unemployment rate measured by Statistics Canada be greater or lesser than the NRU? If so why?Give three reasons why labour force statistics may not be accurate. For each reason, identify a strategy which can be used to improve the labour force statisticsIn 2017-18, the Pakistan Bureau of Statistics announced that of all adult Pakistanis, 59,786,200 were employed, 3,613,800 were unemployed, and 58,800,000 were not in the labor force. Use this information to calculate the adult population.
