One of the main problems with calculating the unemployment rate is that part-time work counts the same as full-time work. If part-time workers were removed from the sum of employed people, what would happen to the calculation? A. The Unemployment Rate would decrease. B. The Unemployment Rate would increase. C. The Labor Force would increase.

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: 7. Assuming the total population is 100 million, the civilian labor force is 60 million, and 54…

A: Q7) Given  Total population = 100 million.  Civillian labour force = 60 million.  54 million are…

Q: What is the current U.S. unemployment rate?  Why has it changed over the last 15 years or so?

A: The current U.S. unemployment rate is 3.6%.

Q: The table shows employment statistics for a fictional country. Use the information to answer the…

A: The people who are willing and able to work but are not able to find a suitable job are known as…

Q: Asurvey of 200,000 people finds 76,300 "employed," 6,640"unemployed," and the remaining 117,060 "not…

A: Employed: Those people who are working. Unemployed: Those people who are willing able to work but…

Q: A country has 10 million people, 5 million of whom are adults. Of the adults, 0.5 million are not…

A: By dividing the total number of jobless persons in a nation by the total work force, one can get the…

Q: uppose that, in on the US states, the civilian adult noninstitutional population is 16.5 million,…

A: Unemployment refers to a situation when employable workers are unable to seek a job at the existing…

Q: Define unemployment. What is natural rate of unemployment? Why do you think unemployment as risen so…

A: Unemployment is the one of the macroeconomic variables which is used to shows the condition of the…

Q: Where on the Business Cycle are we most likely to find the highest unemployment? A) Expansion B)…

A: Unemployment: - unemployment is that portion of the labor force that is able to do work and looking…

Q: What is the current U.S. unemployment rate? Why has it changed over the last years or so?

A: Unemployment is a situation where people are jobless in spite of having knowledge and skills.…

Q: 8) The text lists four types of unemployment, structural, cyclical, frictional, or seasonal. Which…

A: Unemployment: - unemployment is that portion of the labor force that is able to do work and looking…

Q: 3. In a country number of employed is 27 million, number of unemployed is 3 million and…

A: Unemployment rate is calculated as the ratio of unemployed people to the total people in labor force…

Q: .2 (Measuring Unemployment) Suppose that the U.S. noninstitutional adult population is 230 million…

A: Labor force includes all the individuals who are either employed or unemployed, i.e., those who are…

Q: The following is information about labor market:   Entire Population 800 People under the age of…

A: Labor force (LF) = Full time employed + Part time employed + Unemployed but looking for job = 250 +…

Q: 5505 Unemployed 452 Not in the labor force 571 What is the total labor force?     What is the labor…

A: * ANSWER :-

Q: If the number of people classified as unemployed is 20,000 and the number of people classified as…

A: Here we calculate the unemployment rate by using the given information and choose the correct…

Q: Suppose that the number of non-institutional civilian (working age) population is 150 million. Of…

A: We are going to use a labor force definition to answer this question

Q: Suppose the unemployment rate in the United States goes from 6.4% in one year to 5.6% in the next.…

A: i.) The percentage point decrease in the unemployment rate can be calculated as follows: Thus, the…

Q: In 1929 the US had an unemployment rate of approximately 3.2%, or 1.6 million people unemployed, yet…

A: Full employment is an economic situation in which the most productive use is made of all available…

Q: In January 2019, the U.S. economy added 302,000 new jobs. Yet the unemployment rate rose from 3.9%…

A: It is true that even though there was addition of jobs in January 2019, in the U.S, still the…

Q: The cause of unemployment?

A: Unemployment refers to the term where an individual who is actively looking for a job is not able to…

Q: importance of employment and unemployment? explain both terms.

A: Definitions:   employment is a significant piece of the economy, social, and natural advancement…

Q: What are the three major types of unemployment? What are their causes?

A: Definition: Unemployment- Unemployment occurs when a person is above a working-age and actively…

Q: What determines the nature rate of unemployment

A: The minimal rate of unemployment induced by genuine or intentional market pressures is known as the…

Q: 8) The text lists four types of unemployment, structural, cyclical, frictional, or seasonal. Which…

A: Structural unemployment: it is unemployment which is caused by the structural changes in economy.…

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: Why should we worry about the unemployment rate? (We know that the U.S. has an unemployment…

A: Since all are different questions, we shall answer the first question only. Please resubmit the…

Q: What are the different types of Unemployment and give at least 2

A: Unemployment is a term alluding to people who are employable and effectively looking for a work yet…

Q: Suppose the number of employed people in an economy is 121,166,640. The unemployment rate in this…

A: Given: The number of employed people in an economy is = 121,166,640 The unemployment rate is = 10.4%…

Q: 4 Out of 20 million people in the population, 9 million people are in the labour force and 3 million…

A: Labour force consists of unemployed people and employed people. The labour force refers to all the…

Q: Is unemployment typically short-term or long-term?Explain.

A: Unemployment: Joblessness happens when an individual who is effectively looking for business can't…

Q: Suppose some country had an adult population of about 25 million, a labor-force participation rate…

A: Unemployment refers the no. of people who are willing to work at existing wage rate but are unable…

Q: n the beginning of a recovery after a recession, employment begins to rise and the news media report…

A: The term labour force is defined as that part of the population which is actively searching for…

Q: a ) Marie recently graduated from college with a degree in electrical engineering, but she has not…

A: (a) Marie is counted as an unemployed person. According to BLS (Bureau of Labor Statistics), a…

Q: ssume the following for the town of Boone: The town has a total population of 60,000 people, of…

A: Labor force= employed+ unemployed

Q: Which of the following people would be classified as unemployed by the Bureau of Labor Statistics…

A: Unemployment is the state of not earning a livelihood when the person is in labor force and is…

Q: .The Data of unemployment is given Below: * Unemployment popculation is 5.5 million *…

A: "Labor force consists of people who are unemployed and actively looking for work and people who are…

Q: C. Define the employment ratio. D. Define the civilian unemployment rate. What causes the…

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…

Q: Explain unemployment rate.

A: Unemployment is the phenomenon which states that people who are willing and able to work are unable…

Q: The BLS survey found the numbers in the table for a small community. Calculate the unemployment rate…

A: In this question we have to find out the unemployment rate and labor force participation rate with…

Q: The Statistics Canada reported the data given in the table for February 2009. E Click the icon to…

A: Unmemploymnet rate= Unemployed people/Labor force Unemployed people= Working age population-Employed…

Q: Suppose the number of employed people in an economy is 121,166,640. The unemployment rate in this…

A: a. The size of labor force can be calculated as follows: Thus, the size of labor force is…