In an economy, the working age population is 200 million Of this total, 100 million workers are employed 6 million workers are unemployed 28 milion workers are not available for work (homemakers, full-time students, etc) 4 milion workers are available for work but are discouraged and thus are not seeking work 2 million workers are avalable for work but are not currently seeking work due to transportation or childcare problems The unemployment rate in this economy is% (Round your answer to one decimal place)

Q: Suppose that half of those officially counted as unemployed become discouraged and drop out of the…

A: Unemployed people in the city = 150,000. Size of labour force= 220000+80000+150000= 450000…

Q: Calculate the unemployment rate and labor -force participation rate given the following information…

A: The labor-participation-rate is the portion of the working-age-population that is out there actively…

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: A country with a civilian (work-eligible) population of 90,000 (all over age 16) has 70,000 employed…

A: Unemployment refers to the situation of the people when they do not have any kind of work neither…

Q: Suppose the government proposes to increase the level of UI benefits for unemployed workers. A…

A: Answer- Given in the question - Suppose the government proposes to increase the level of UI benefits…

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

A: Unemployment rate is the ratio of unemployed people to the total number of people in the labor…

Q: The ABS reported that in September 2007, a cycle peak, the working-age population was 16,808,200,…

A: Total working-Age population =16,808,200 Total labor force =10,979,300 Total employment =10,514,600…

Q: In 2016, NY had a population of 14,398,000 and a total workforce of 9,100,000. At the time, there…

A: The labor force participation rate is a measure used to assess the working-age population of a…

Q: Suppose a country has a working-age population of 200 million, with 6.82 million unemployed and…

A: Unemployment rate refers the rate of the person who willing to work and have skills but dont have…

Q: Assess whether the following would be counted as “unemployed” in the Current Employment Statistics…

A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: In a particular economy, the labor force (the sum of employed and unemployed workers) is fixed at…

A: As there is 100 million workforce (which includes the employed and unemployed ones)  January :…

Q: unemployment

A: The workforce cooperation or participation rate is the quantity of people in the workforce as a…

Q: Suppose a number of workers decide to quit their jobs and enter retirement. Assuming this is the…

A: Answer: (1). Increase (2). Decrease Explanation: If some number of people quit their jobs and enter…

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: John does not currently have a job. He most recently looked for a job 6 months ago. He has not…

A: Here John not looking for a job so it can be fall under U-4 ,U-5 and U-6. so here John consider as…

Q: Assume the total population is 3500. Of the total population, 1800 are working full-time. Of the…

A: Given information: Total population = 3500 Full time workers = 1800 Under 16 not working population…

Q: Consider the following unemployment rate, actual and potential GDP data for a country over several…

A: The given table provides information about the actual output, potential output, and unemployment…

Q: An economy has a population of 226,500. Of them, 12,500 are unemployed and actively seeking work,…

A: Here, given information is, Total population: 226,500 Unemployed but looking for job: 12,500…

Q: Explain whether below events increases, decreases, or has no effect on the unemployment rate and the…

A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: In March, 2006 the labor department of the country of Jobland determined that the size of the labor…

A: The unemployment rate is the proportion of the labor force that is not currently employed but are…

Q: the difference between the ‘labor force participation rate’ (LPR) and the ‘employment-to-population…

A: Given Difference between the ‘labor force participation rate’ (LPR) and the…

Q: is the percentage of the working-age population who are working full-time or are working part-time -…

A: Z Pop ratio is percentage of working  age population  who are employed or under employed.

Q: Please answer parts (i), (ii), (iii) Using the following data calculate: (i) The number of persons…

A: The subject of economics became more difficult as economies and civilizations grew. As a result, it…

Q: In March, 2006 the labor department of the country of Jobland determined that the size of the labor…

A: The unemployment rate  (u) tells us about the proportion of population remaining unused by the…

Q: The ABS reported that in September 2007, a cycle peak, the working-age population was 16,808,200,…

A:

Q: In an economy, the working-age population iš 100 million Uf this total, 75 million workers are…

A: Working-age population=100 million Employed: People who are working in a paid job=75 million…

Q: Explain whether it is possible for the amount of employed people to decrease while the unemployment…

A: Unemployment Rate = Total Unemployed / Labor Force * 100 Labor Force = Employed + Unemployed

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: 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: Consider an economy with 50 people unemployed and 900 employed. Its finding rate is 70% and its…

A: Given unemployed = 50 Employed = 900 Separation rate = 10% = 0.10 Finding rate = 70% = 0.70 Rate of…

Q: the equation used to calculate the unemployment rate. State the different types of unemployment. In…

A:

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: What are three problems with the measurement of unemployment, and how might these problems undermine…

A: The unemployment rate receives a lot of attention in the media. The percentage of people in the…

Q: If the number of employed persons in a country equals 24 million, the number of unemployed persons…

A: The unemployment rate refers to the inability of an economy to generate employment for its people…

Q: Assess whether the following would be countedas “unemployed” in the Current Employment…

A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: Between January 2010 and January 2016 us employment increased by 12.1 million workers but the number…

A: Employment refers to the process of employing someone who is capable of doing the work in exchange…

Q: Consider an economy with 500 people in the labor force. At the beginning of every month, 5 people…

A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: Explain whether each of the following events increases,decreases, or has no effect on the…

A: The unemployment rate is the number of unemployed people in the country being divided by the total…

Q: Differentiate between the unemployment rate and the natural unemployment rate as the economy…

A: Unemployment: Unemployment in an economic state where an individual who is willing and able to work…

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: On January 1st, the number of unemployed was 17 million and unemployment rate was 4.95%. The…

A: Answer: Given, Unemployed population (on 1st January) = 17 million Unemployment rate = 4.95%…