In Country X, the population is 100 million, 60 million people are employed, 5 million are not employed and looking for work, and 35 million are not employed and not looking for work. What is the unemployment rate in Country X?

Q: Name two jobs that you think would be affected by seasonal unemployment. Explain why they would be…

A: Seasonal unemployment: It is a type of unemployment in which people remain unemployed during…

Q: In a country with a population of 75 million people there are 19 million children under the age of…

A: Unemployment rate refers to the percentage of labor force that is unemployed.

Q: Why is the unemployment rate sometimes high and sometimes low?

A: Unemployment happens once folks area unit while not work whereas actively looking for employment.…

Q: The duration of unemployment tends to rise when

A: The duration of unemployment tends to rise when there are few jobs to go around. The few economic…

Q: In this country, million people are unemployed, and the unemployment rate is %. (Round your…

A: Unemployment ; The number of people unemployed in this case is calculated as follows; Unemployment =…

Q: How do you calculate the natural unemployment rate

A: The natural rate of unemployment is the unemployment rate that existing in an economy even when the…

Q: What type of unemployment is most likely to result in a hardship for people who are unemployed?

A: Unemployment is a type of situation in which individuals who are capable and wish to work cannot get…

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: According to this formula, what is the unemployment rate of this economy of six people? 20% 60%…

A: 1) This means that jake is employed. Explanation: Unemployment is a situation in which the laborers…

Q: : This economy is not currently at its natural rate of unemployment.

A: Natural rate of unemployment refers to the unemployment existing in the economy regardless of the…

Q: Why is the unemployment rate important?

A: Unemployment is defined as a state in which all those people who are willing to work at the existing…

Q: How does the presence of a discouraged worker affect the unemployment rate?

A: Let us first explain certain concepts related to unemployment rate.Labor force: In an economy, labor…

Q: • Determine different types of Unemployment

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: If the labor force increases, but the number of people unemployed stays the same, what happens to…

A: Labor Force = Number of Employed + Number of Unemployed Unemployment rate = number of…

Q: There is still unemployment rate of 3% even though the economy is at full employment. This is…

A: Full employment refers to an economic situation in which all available labour resources are used as…

Q: If a higher minimum wage is introduced, what happens to unemployment

A: Unemployment refers to the market condition when not all the workers are getting job or it can be…

Q: what are some causes and effects of unemployment on the economy? what are some ways to combat these…

A: Unemployment is a situation when an able bodied man or woman, who is willing to work at the…

Q: Why shouldn’t every adult without a job be classified as part of the official unemployment rate?…

A: Unemployment rate: The unemployment rate is a useful indication of underutilization of the labor…

Q: f the number of people in the labor force is 170 million and 155 million people are employed, then…

A: labor force = employed + unemployed thus unemployed= 170-155 mn = 15 million

Q: What are two issues with the unemployment rate in any given area?

A: Let us discuss certain concepts related to unemployment rate:Employed: Those people who belong to…

Q: Since the United States has an unemployment compensation program that provides income for those out…

A: Unemployment is a term which refers to individuals who are employable and also seeking to find a job…

Q: Is it ever possible to have zero unemployment in an economy? Why or why not? Explain in details

A: Economic growth and unemployment are the two most important economic variables. All the policies and…

Q: What are the factors that make it hard to determine the unemployment rate?

A: Unemployment rate is the percentage of labor force who are willing to work but is not able to get…

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

A:

Q: If some employed workers exit the labor force, the unemployment rate will be ______

A: The unemployment rate is a portion of the unemployed of the labor force. The labor force is a sum of…

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: What term describes the remaining level of unemployment that occurs even when the economy is…

A: If the economy is healthy and still have unemployment, then this term is described by natural…

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: 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: In a country with a working-age population of 22 million, 16 million are employed, 2 million are…

A: labor force=employed + unemployedlabor force=16+2labor force=18 millions

Q: What are the challenges of the changing unemployment rate?

A: Unemployment: Unemployment is the situation under which the number of willing or able persons is…

Q: Now suppose 4,000 of the people looking for work get discouraged and give up their searches. What…

A: A percentage representation of the number of jobless people in relation to the total number of…

Q: If the labor force of 160 million people is growing by 1.2 percent this year, how many new jobs have…

A: Unemployment: It is the situation when people have the ability and willingness to work but do not…

Q: List 2 of the conditions that should be applied in order to consider any person as unemployed.

A: Unemployment is a situation where a person who is employable has no job and is actively looking for…

Q: How has the official unemployment rate been criticized for overestimating and underestimating…

A: The official unemployment statistic is frequently chastised for underreporting and exaggerating the…

Q: Under what condition would an increase in the unemployment rate be a positive sign?

A: Answer: Frictional unemployment is a temporary phenomenon, which is caused due to cyclical economic…

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: Is it possible to have decrease in unemployment rate at the same time as there is less people…

A: Unemployment rate is used to estimate the actual economic growth because increased output with…

Q: Explain any two causes of unemployment in the economy!

A: According to the given question In Simple words we can say that unemployment is generally known to…

Q: If Macroland had the following information   200 - Employed Workers  100 - Not working, but still…

A: In the labor force, only this people are included who are already employed and who are actively…