(i) The number of persons employed.  (ii) The number of persons unemployed.  (iii) The labour force.  (iv) The Labour Force Participation rate.  (v) The “official” unemployment rate.  987,156 Currently Working 23,000 volunteer workers 9845 (ages 13-14) looking for work 12,000 (ages 15) looking for work 45,600 Part-Time workers 56 family workers who worked 15 hrs a week 234 Self-Employed 6543 Discouraged Workers 67,432 (ages 23-25) looking for work 67,890 laid off receptionists looking for work 544,321 (ages 16-20) looking for work Current population is 6,000,000 5654 Temp Workers 5000 armed forces 543 recent university graduates that are going back to graduate school 3500 institutionalized

Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter6: Macroeconomic Measurements, Part I: Prices And Unemployment
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Problem 6WNG
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(b) Using the following data calculate:
(i) The number of persons employed. 
(ii) The number of persons unemployed. 
(iii) The labour force. 
(iv) The Labour Force Participation rate. 
(v) The “official” unemployment rate. 
987,156 Currently Working 23,000 volunteer workers
9845 (ages 13-14) looking for work 12,000 (ages 15) looking for
work
45,600 Part-Time workers 56 family workers who worked
15 hrs a week
234 Self-Employed 6543 Discouraged Workers
67,432 (ages 23-25) looking for work 67,890 laid off receptionists
looking for work
544,321 (ages 16-20) looking for work Current population is
6,000,000
5654 Temp Workers 5000 armed forces
543 recent university graduates that
are going back to graduate school
3500 institutionalized

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