Please answer parts (i), (ii), (iii) 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 2,000 (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 __________________________________________________________________________
Please answer parts (i), (ii), (iii)
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”
987,156 Currently Working 23,000 volunteer workers ________________________________________________________________________________
9845 (ages 13-14) looking for work 2,000 (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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