The labour force is 10,000 • The Non-institutional population 16 years of age and older is 15,000 • Part-time employed is 1,000 • The number of unemployed is 2,000 1. Using the data above, the number of employed is: 2. Using the data above, the unemployment rate is:

The labour force is 10,000 • The Non-institutional population 16 years of age and older is 15,000 • Part-time employed is 1,000 • The number of unemployed is 2,000 1. Using the data above, the number of employed is: 2. Using the data above, the unemployment rate is:

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter12: Business Cycles And Unemployment

Section: Chapter Questions

Problem 18SQ

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Question

• The labour force is 10,000
• The Non-institutional population 16 years of age and older is 15,000
• Part-time employed is 1,000
• The number of unemployed is 2,000
1. Using the data above, the number of employed is:
2. Using the data above, the unemployment rate is:

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