The following table lists the employment statistics of Canada for the years 2003-2007. Complete the table by filling out the missing values. (Round your arnswers to whole numbers while calculating number of workers and round your answers to one decimal place otherwise.) Labor force Unemployment rate (%) Employed Potential Not in labor participation rate (%) Year Labor force workers force workers 4,473,745 2003 16,026,920 17,345,152 21,818,897 7.6 2004 16,316,358 4,512,194 22,094,476 7.2 79.6 17,716,482 6.7 2005 16,529,478 22,365,880 79.2 2006 4,668,984 79.3 17,917,851 22,586,835 6.3 2007 80.1 17,190,272 4,552,053 18,287,523

Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter10: Unemployment
Section: Chapter Questions
Problem 1QR
icon
Related questions
Question
100%

How do you complete the table?

The following table lists the employment statistics of Canada for the years 2003-2007. Complete the table by filling out the missing values. (Round your arnswers to
whole numbers while calculating number of workers and round your answers to one decimal place otherwise.)
Labor force
Unemployment rate
(%)
Employed
Potential
Not in labor
participation rate
(%)
Year
Labor force
workers
force
workers
4,473,745
2003
16,026,920
17,345,152
21,818,897
7.6
2004
16,316,358
4,512,194
22,094,476
7.2
79.6
17,716,482
6.7
2005
16,529,478
22,365,880
79.2
2006
4,668,984
79.3
17,917,851
22,586,835
6.3
2007
80.1
17,190,272
4,552,053
18,287,523
Transcribed Image Text:The following table lists the employment statistics of Canada for the years 2003-2007. Complete the table by filling out the missing values. (Round your arnswers to whole numbers while calculating number of workers and round your answers to one decimal place otherwise.) Labor force Unemployment rate (%) Employed Potential Not in labor participation rate (%) Year Labor force workers force workers 4,473,745 2003 16,026,920 17,345,152 21,818,897 7.6 2004 16,316,358 4,512,194 22,094,476 7.2 79.6 17,716,482 6.7 2005 16,529,478 22,365,880 79.2 2006 4,668,984 79.3 17,917,851 22,586,835 6.3 2007 80.1 17,190,272 4,552,053 18,287,523
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 5 steps with 1 images

Blurred answer
Knowledge Booster
Tax Revenue
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Brief Principles of Macroeconomics (MindTap Cours…
Brief Principles of Macroeconomics (MindTap Cours…
Economics
ISBN:
9781337091985
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Essentials of Economics (MindTap Course List)
Essentials of Economics (MindTap Course List)
Economics
ISBN:
9781337091992
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Principles of Economics 2e
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax
Economics (MindTap Course List)
Economics (MindTap Course List)
Economics
ISBN:
9781337617383
Author:
Roger A. Arnold
Publisher:
Cengage Learning
Macroeconomics
Macroeconomics
Economics
ISBN:
9781337617390
Author:
Roger A. Arnold
Publisher:
Cengage Learning
Macroeconomics: Private and Public Choice (MindTa…
Macroeconomics: Private and Public Choice (MindTa…
Economics
ISBN:
9781305506756
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning