Suppose that the unemployment rate is 10%, the total working age population is 100 million, and the number of unemployed is 7.5 million. Determine the labor force

Q: What happens if the number of unemployed is unchanged, but the number of employed persons increases?…

A: Unemployment is the situation where the workers who are willing to and able to work but unable to…

Q: If the unemployment rate is 6 percent and the number of persons unemployed is 6 million, then the…

A: The unemployed are those who are out of work and who are actively looking for a job. We can…

Q: TRUE or FALSE and explain your answer: Unemployed persons are part of the labour force.

A: Labor Force:  The Labor force includes all those people who are currently working and/or in search…

Q: Suppose that the unemployment rate is 10%, the total working age population is 100 million, and the…

A: Solving question.below

Q: If the labor force participation rate is rising and the working-age population is not changing, then…

A: In an economy, the working-age population is defined as the number of individuals who lies between…

Q: In a given community, the unemployment rate is 5% and their working-age population is 3 Million.…

A: The unemployment rate refers to the fraction of the total labor force that is not employed. The…

Q: The Australian Bureau of Statistics (ABS) reported in May 2017 that the civilian population in…

A:

Q: In an economy, 23 million people are employed and 2 million are unemployed, but 5 million part-time…

A: The unemployment is the situation when people who are willing and able to work but they are not able…

Q: John does not currently have a job. He most recently looked for a job 6 months ago. He has not…

A: Here John not looking for a job so it can be fall under U-4 ,U-5 and U-6. so here John consider as…

Q: Suppose that the unemployment rate is 10%, the total working age population is 100 million, and the…

A: Number of Employed worker = Labour Force - Number of unemployed. Given  Unemployment Rate = 10%…

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: In June 2009 the BLS announced that of all adults 140,196,000 were employed 14,729,000 or unemployed…

A: Here, given information is: Employed: 140,196,000 Unemployed: 14,729,000 Not in workforce:…

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: Suppose that the adult population is 6 million, the number of employed is 3.8 million, and the…

A: The adult population is given to be 6 million. The number of employed population is 3.8 million.…

Q: If the labor force is 190 million and the unemployment rate is 6.5 percent, the number of people…

A: Labor force refers to the sum of the number of people who are employed and the number of people who…

Q: Which of the following is not in the labor force?          Retired Persons       Those Unemployed…

A: In an economy, the labor force differs from the working-age population as the labor force is a part…

Q: Consider a country with 300 million residents, a labor force of 150 million, and 10 million…

A: Labor-force: all the individuals of the working-age group either they are employed or job-seekers /…

Q: Assume the following information for a country: total population of 35 million; working-age…

A: Economics as a subject deals with the allocation of scarce resources among humans with unlimited…

Q: If the population is 300 million, with 70 million under the age of 16 and institutionalized, another…

A: Total population = 300 million Number of employed people =150 million Number of unemployed people…

Q: Suppose that in a population of 200 million persons, 150 million are in the labor force and 120…

A: Unemployment refers to the individuals who are not employed but are actively looking for…

Q: Given: • Employed = 153,154 • Unemployed = 8,384 • labor force = 161,537 • Adult Population =…

A: Given: Employed = 153,154 Unemployed = 8,384 Labor force = 161,537 Adult population = 261,611 To…

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: Employed 148,297 Unemployed 8,705   What is the number of labor force What is the rate of…

A: Unemployment is a situation which occurs when a person who is unemployed is willing and able to…

Q: Suppose a government report about a country's employment situation reveals the following data (all…

A: 1) If the country in question is the United State, these data are obtained from Household Survey. 2)…

Q: Calculate the Unemployment Rate

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

Q: Find the relative change in unemployment from January 2005 to December of 2015.

A: Relative change in the unemployment rate from January 2005 to December 2015 can be calculated by…

Q: Distinguish between the level of unemployment and the rate of unemployment

A: Unemployment can be defined in a lot of ways. One common way to define unemployment is as a state in…

Q: In the country of Economica, the total labor force consists of 5,000 workers. 250 of these workers…

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

Q: Suppose that in a population of 50 million people, 40 million are in the labour force, 36 million…

A: Unemployment rate= [Unemployed people/Labor Force]*100 Labor Force=40 million Employed=36 million…

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: 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: 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: Refer to the information provided in Table below to answer the question. Labor force participation…

A: Given:  Labor Force Participation Rate = 60% Total Population = 200 million Unemployment rate = 5%

Q: If the labour force participation rate is 80%, the unemployment rate is 6%, and the labour force is…

A: Unemployment is the situation in which the workers are willing to work at the prevailing market wage…

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

A: Labor force = employed+unemployed

Q: The following table shows Metropolis' population and employment data. What is the approximate…

A: Discouraged workers and people below 15 do not form part of the labor force.   Unemployment Rate =…

Q: Calculate the unemployment rate for an economy using the following data: Number of employed: 154…

A: Answer is given below

Q: Which of the following people can be described as "structurally unemployed"? (i) Mola is trained as…

A: Below are the reasons for structural unemployment: *Mismatch of skills; If the required skill is not…

Q: Number of employed people 14,000 Number of unemployed people 3,000 Number of the working-age…

A: a. Size of labor force include employed and unemployed people  Labor force = Employed + Unemployed…

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: There were 100,000 full-time workers and 50,000 part-time workers who prefer full-time work. 15,000…

A: The labour force encompasses all persons who work for a living, whether as employees, employers, or…

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: What are the solution for unemployment

A: U {"unemployment"} is the situation that occurs to the individuals when they are willing to work in…

Q: Suppose the number of people who retire is greater than the number of people who enter the workforce…

A: The unemployment rate is the level of the workforce without a task. It is a reactive result,…

Q: Suppose that in January, 10% of the workers who were unemployed at the beginning of the month start…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

Q: Calculate the unemployment rate based on the information provided below:…

A: Unemployment rate represents the percentage of labor force that is currently unemployed but are…