n 2019 there were 10,000 people employed 1000 people were unemployed and 1500 people not in the labor for a horse in 2020 the following events occurred 300 people who were looking or hired 400 people were fired from their jobs only have started looking for a job hundred people quit their job and did not look for new 300 people who are not looking decided to start looking for and 50 people retired and 200 people who were looking decided to stop looking due to lack of success what is the unemployment rate in 2019

Q: Ahmed has just graduated with a PhD degree in refinery product optimization. He is currently…

A: There exist various classification of unemployment.

Q: Full employment exists when, on average, nearly two out of three adults in the labor force are…

A: Full employment implies that the labor force is efficiently used and the unemployment is usual after…

Q: Suppose the Australia Bureau of Statistics indicated that the Consumer Price Index (CPI) increased…

A: A consumer price index is a price index that measures the cost of a weighted average market basket…

Q: In March 2007, the U.S. unemployment rate was 4.4 percent. In August 2008, the unemployment rate was…

A: The labor force is the summation of employed workers and unemployed workers. The employed workers…

Q: Are the following workers more likely to experience short-term or long-term unemployment? Explain.…

A: a) This scenario will be considered as short-term unemployment as the stone mason has lost his job…

Q: A person who has been fired is not considered unemployed? True or False

A: A person is said to be unemployed when he is able to work and is willing to work but not getting…

Q: In 2019, there were 10,000 people employed, 1,000 people unemployed, and 1,500 people not in the…

A: Answer; Employed = 10,000   Unemployed = 1000   Not in the labour force = 1500   Total number…

Q: Year 2017 2018 2019 Unemployment Rate 11.63% 9.1% 8.0% Inflation Rate 4.39% 3.73% 3.91%…

A: Answer: Given data; Year 2017 2018 2019 Unemployment rate 11.63% 9.1% 8.0% Inflation rate…

Q: Which one of the following will increase the officially reported level of unemployment?     A)…

A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…

Q: Prepare a table showing the unemployment rate, inflation rate and economic growth for the year the…

A: Minimum wage is the lowest wage that has to give for the labor. Generally, minimum wage is greater…

Q: Which statement is CORRECT? The unemployment rate calculated by the Bureau of Labor Statistics…

A: The Bureau of Labor Statistics is an authority in the United States that maintains record of the…

Q: In the short run, an increase in the unemployment rate is likely to be accompanied by

A: In the short run, an increase in unemployment is likely to be accompanied by decrease in the…

Q: If there are 160,000 adults in the population of Hugo and 140,000 are working, what are the labor…

A: Labor force is the sum of people who are employed and unemployed.

Q: The OECD countries' unemployment rate has risen continuously since early 2020 before the COVID-19…

A: Unemployment has a lot of effect. The effect on unemployment has been classified according to the…

Q: Suppose the 2010 population census in Ghana indicated that there are 120,000 people in the country.…

A: "Since you have mentioned that you need an answer to parts d and e, I am answering only those…

Q: As the unemployment rate rises, A. the rate of voluntary turnover increases. B. early retirement…

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: In 2019 they were 10,000 people employed 1000 people unemployed and 1500 people not in the labor…

A: total employed in 2020 = employed in 2019 + who are looking or hired in 2020 - quit their job and…

Q: Type of unemployment being experienced Scenario Possible strategies provided by the government to…

A: Government are of certain specific types. One of the type of government is democratic government in…

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: Suppose in Myanmar for 2012, the number of adult population was 239.67 million Among them, 20% are…

A: Since we only answer up to 3 sub-parts we will answer the first 3. Please resubmit the question…

Q: Calculate the Unemployment Rate

A: Underemployed workers are those workers who are working below their potential level. Unemployment…

Q: Suppose there are 2,500,000 people in a city's labor force. Only 38 % of them have a college degree,…

A: People those who are willing to do the job at the giving wage rate but still not getting the job are…

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: other industries, 2,000 spend three months looking for a job but get discouraged and decide to stay…

A: The correct answer is given in the second step.

Q: Assume the following described the population in The Bahamas when the unemployment survey was…

A: The unemployment rate is defined as the number of people who are not currently employed but are…

Q: Calculate unemployment rate and labor force participation rate for both 2019 and 2020 given the…

A: Answer: The formulas to be used are given below: Unemployment rate=unemployedlabor…

Q: According to Australia Bureau of Statistics, in 2020 the population of Australia is about 25.6…

A: As per the guidelines, first three subparts can be answered. Kindly repost the other questions…

Q: Michigan currently has a 1% unemployment rate, which is 50,000 unemployed workers. After stagnant…

A: Dear student, you have asked multiple questions in a single post. In such a case, I will be…

Q: Comment on the effects that being unemployed have on an individual.

A: Unemployment is a situation where individuals are willing to work, they are finding jobs, but still,…

Q: As the price level falls, real wage ____________and people choose to work ___________. a.  rises;…

A: We know that the tangency condition for optimal decision between consumption and leisure is MULw=MUC…

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: Which of the following people would be considered frictionally unemployed? Select an answer and…

A: Meaning of Full Employment: The term full employment refers to the situation under which all the…

Q: In June 2009, at the trough of the Great Recession, the Bureau of Labor Statistics announced that of…

A: a. Adult Population = People Employed + People Unemployed + People not in the labor force =…

Q: Suppose the unemployment rate in Economia is 8%, and there are 2 million unemployed persons in the…

A: Answer : 25

Q: Someone may be unemployed for all of the following reasons, EXCEPT losing a job being an entrant or…

A: A person is said to be unemployed if he/she is willing to work and looking for a job but not getting…

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: While unemployment is highly negatively correlated with the level of economic activity, in the real…

A: Unemployment is the situation in which the individuals are ready to do work but they are unable to…

Q: Suppose you are given the following data for a small economy: Number of unemployed workers:…

A: Answer -No. of unemployed workers = 1,000,000Labor Force = 10,000,000Part (a)-Answer - Unemployment…

Q: In an imaginary country the labor force is 50 million and the unemployment rate is 20%. The number…

A: In an economy, there are different reasons for people to be unemployed as it might be due to lack of…

Q: The small country of Nederland counts its unemployed using the same methods as the United States. Of…

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

Q: Assume that 2 million individuals enter the labor force this month and all of them find jobs. This…

A: GIVEN   Assume that 2 million individuals enter the labor force this month and all of them find…

Q: Describe how a rise in the wage rate might cause unemployment

A: People who are unemployed are those who are qualified to work but are unable to find job despite…