Number of people employed 120,500; number of people unemployed = 4050 What is the number of people in the labor force? What is the unemployment rate? %3D

Q: 1- List the conditions that should be applied in order to consider any person as unemployed.

A: The U.S. Agency of Labor Statistics or BLS gathers information on the employment status of the…

Q: Employees in employment Unemployed 169040 28295 (i) Calculate the total labour force. [1] (ii)…

A:

Q: Year Unemployment rate(%) 20XX   7.3 30XX   7.9 40XX   6.8 50XX   5.6 60XX   4.8 70XX   4.0 80XX…

A: The trend of the unemployment rate over the years from 20XX to 80XX can be explained as follows:

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

A: The formula for unemployment rate is Unemployment rate = (Unemployed People / Labor Force) * 100…

Q: Please describe the formula(s) used to determine the unemployment rate

A: Unemployment is considered as the people who do not have a job and are looking for the work prior…

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A: The pct, that is calculated by dividing range|the amount|the quantity} of unemployed persons by the…

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Q: In 2020, the all ages population of Canada was 36552939, out of which the population under 15 years…

A:

Q: You have the following relationship between unemployment and GDP: u = 8.6 - 0.75(Y - 1000). If Y is…

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Q: Please answer both components; thank you! 1. Explain why “full employment" does not mean 0%…

A: 1. Full employment is the situation in which the economy experiences the lack of involuntary…

Q: A country has a population of 1,000,000. The labor force is 500,000. If the unemployment rate is…

A: Discouraged workers are not actively searching for a job, they are considered nonparticipants in the…

Q: Calculate unemployment rate if adult population of the nation is 900 people of which 550 people are…

A: Unemployment rate = Number of unemployed workerLabor force×100where Labor force = Employed person +…

Q: Suppose that there are 210 adults in a small town. 120 have jobs, 2 are in jail, 8 have given up…

A: In an economy, among the adult population, not all the individuals are counted in the labor force…

Q: The term “unemployed” includes all people who want a job, but don’t have one.

A: The term Unemployed define as when a person wants to do work or willingness to do work but he unable…

Q: Q1: Consider the following labor statistics for adult population (age 16 and older) in Oman…

A: Solution - Part "1" Answer - Given in the question - Employed  = 130 million Unemployed  = 9 million…

Q: 12) In a small town of 125 people there are 25 people under 16. Out of the remaining persons, there…

A: Here, given information is, Total population: 125 people Under 16: 25 people Retired: 10 people…

Q: In a given community, the unemployment rate is 3.1% and their working-age population is 1.2 Million.…

A: The unemployment rate indicates the fraction of the total labor force that is unemployed. The labor…

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: What is the unemployment rate when the number of unemployed = 170,000; labour force = 5,000,000 and…

A: Labor force refers to the total number of employed and unemployed able and willing to work.…

Q: The term labor force refers to all those over 16 years of age who are employed, actively seeking…

A: In an economy, employment is considered as a macroeconomic concept, and it is one of the drivers of…

Q: Suppose 2000 people were surveyed, and of those 2000, 900 were working full-time. Of the 1100 not…

A: Labor force is the population which is employed and the population which is unemployed but actively…

Q: Question 11 (* Which one of the following people would be counted as unemployed in Canada? Kanhaya…

A: Unemployment refers to all those people who are actively looking for work at the present wage rate.…

Q: • The following table gives statistics on the labor force and total employment during year 1 and…

A: Unemployed are those who are not employed. Unemployed in year 1 =Labor force - Employed = 84,900-…

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A: The labor force that is also known as the presently active population, is made up of all those who…

Q: Country A has a total population of 100 million, of which 80 percent are adults (and hence are…

A: Unemployment refers to a situation where an individual in the working-age population, who is…

Q: 12) In a small town of 125 people there are 25 people under 16. Out of the remaining persons, there…

A: here we calculate the unemployment rate by using the given information , we classified the employed…

Q: Supposethe number of employed people in an economy is121,166,640. The unemployment rate in this…

A: Unemployment rate is the number of unemployed people as a percentage of the labor force. Labor force…

Q: 14- Which of the following best describes people who are already working and getting paid for their…

A: People who are already working and getting paid for their job that means that people count as…

Q: In 2020, the all ages population of Canada was 38092817, out of which the population under 15 years…

A: Introduction The labour force participation rate is a measure of how active a worker is in a given…

Q: 29. What is the unemployment rate when the number of unemployed = 125,000; labour force = 5,000,000…

A: )29) What is the unemployment rate when the number of unemployed = 125,000; labour force = 5,000,000…

Q: 25. Which of the following is the formula for calculating the unemployment rate? a. (Number of…

A: Labor force = employed+unemployed

Q: eenage unemployment rates tend to be a little lower than the overall unemployment rate. True False

A: Unemployment Rate = Total Unemployed / Total Labor Force Labor Force is the sum total of employed…

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…

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

Q: Also define employed person, unemployed person and unemployment rate.

A: The economies around the world tend to emphasize on their growth, and development of the nation.…

Q: Supposethe number of employed people in an economy is121,166,640. The unemployment rate in this…

A: Size of labor force consists of total number of employed and unemployed people in an economy. Those…

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…

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A: The unemployment rate is defined as the number of unemployed out of total labor force in an economy.…

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: An economy has 500 people divided among the following groups: 240 are employed, 60 are looking for a…

A: The total number of people which resulted in the total number of population in the economy. The…

Q: There are 42 unemployed people and 284 employed people. What is the unemployment rate? Enter a…

A: Given data: Total unemployed peoples are 42 Total employed peoples are 284

Q: Explain unemployment rate.

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

Q: The towns of Sawyer and Thatcher each have a labor force of 800 people. In Sawyer, 100 people were…

A: here we calculate the unemployment rate , so the calculation of the following by using the given…

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A: The rate of inflation can be calculated by dividing the difference between current inflation and…

Q: n a given community, the unemployment rate is 3.1% and their working-age population is 1.2 Million.…

A: The unemployment rate indicates the fraction of the total labor force that is unemployed. The labor…