The following graph shows, in percentages, how much of the paid labor force in the United States consisted of men and how much consisted of women in both 1950 and 2017. Composition of Employment by Gender (%) 100 Men Men Wornen Women 20
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- Category Number of Persons Part Time Employees 30 million People Looking for Work in the last 4 weeks and Have not Worked in the Last Week 9.2 million Full Time Employees 101 million Retirees 15.8 million Full Time Students 13 million Workers that haven't looked because they are marginally attached 4.9 million Workers that haven't looked because they are discouraged 4.1 million Assume the table above includes the population of all individuals age 16 or older in this country. What is the labor force participation rate (as a percentage, but omit the % sign, rounded to the nearest tenth)? Note:- Please give me proper calculation with correct answer otherwise i give downvote Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.Calculate the labour force participation rate based on the following information. LFPR= actual labour force/potential labour force x 100 Total population: 260 millionEmployed: 130 millionUnemployed: 10 millionRetired: 35 millionOutside the working-age group: 60 millionQuestion 1 Let’s assume that a country in the Caribbean reports the following labour statistical data to its citizen in 2011. Labour force: 140,200 Individuals under 16 years: 12,400 Employment: 132,700 Imprisonment: 980 Working age population: 210,900 Armed forces: 18,600 Use the information given to calculate the following: (d) Not in the labour force (e) Working age population ratio
- How to calculate the labour force participation rate? Please provide formula Labour force: 140,00 Working age population: 210,900When calculating the employment-population ratio, what goes in the denominator? A. The total population size of a country B. The total male population size of a country C. Number of civilians at least 16 years of age in the country D. Number of people who want to work in the countryLabour or work relationships have existed since the first individual approached another to perform a task against the promise of payment. Therefore, the employment relationship should be placed in the context of one of the mosty important occurences in economic history, the industrial revolution. In the view of the statement, citically assess the convulsion of the industrial revolution which commenced in the fourteenth century ans resulted in the emergence of the working class. Provide a detailed analysis of the employment relationship between the parties involved in the early years of the industrial revolution
- In the middle of each month, the statistical office of Urbanville takes a sample survey of 2,000 people over the age of 16, to determine their labor force status in the previous week. Each respondent is allocated to one of these categories: a) Worked full-time for wages or salary b) Worked part-time for wages or salary c) Self-employed d) Did not work for pay, but looked for work e) Did not work; did not look for work because she thought jobs were not available f) Did not work for pay because she did not want to The results for the second half of 2010 were July August September a) 901 885 868 b) 150 160 170 c) 200 198 196 d) 72 78 85 e) 32 35 38 f) 645 644 642 For each month, calculate and fill in the table below.…Please answer a, b and c. The table below shows the responses to a survey which asked whether a respondent worked in the past week and what their hourly wage was. Respondent Number of Hours Worked Hourly Wage 1 40 $10 2 20 $6 3 40 $8 4 0 $0 5 50 $20 a. What is the average hourly wage for those who worked? b. For those who worked, what is the average number of hours worked? c. What is the unemployment rate if everyone but the fourth respondent is in the labour force? d. What additional information would you need to know to determine if the fourth respondent is in the labour force? e. What is the labour force participation rate if everyone but the fourth respondent is in the labour force?Compare the number of employed adults with cats and without cats. Why are these two numbers relatively close to each other, while the number of adults with and without cats differ so much?
- Question 2: Migration In labour economics, we are often interested in migration of workers from one geographical region to another. Suppose we divide a hypothetical country Econland into three regions (R): R1, R2, R3. We can find the proportion of the workers of those three regions who put or migrate to another region. For instance, p12 = proportion of the workers in region 2 that move to region while p33 is the proportion of workers in region 3 who do not migrate to any of the two other regions. We can denote these transition proportions by pij , i, j = 1, 2, 3 and can state these proportions of workers that stay put or migrate to another region in terms of the transition matrix P =[p11 p12 p13 p21 p22 p23 p31 p32 p33] Suppose the number of workers in these regions in millions at a point in time t is denoted by (xti) and presented in the vector xt =[xt1…Female and Male labor force participation in the US have similar levels and have followed similar time-trends since 1950 in the United StatesA. TrueB. FalseWhat is labor force participation rate of following country adult population = 200 million labor force = 150 millions total employed = 140 millions