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- Labor force participation rate 60%, Population (assume everyone is over 16 years of age, civilian, non-institutionalized in this economy) 150 million, Unemployment rate=5% Calculate the number of people unemployed30. In a country total population is 365 million. Of that, the number of under the age of 16 is 255 million. Among the rest of the population, 10 million are out of labor force. 95 million are employed among those who are in labor force. What is the unemployment rate?Labor force participation rate 60%, Population (assume everyone is over 16 years of age, civilian, non-institutionalized in this economy) 150 million, Unemployment rate=5% Calculate the number of people Employed
- Refer to the Table, The number of people unemployment? Labor force participation rate 75% ,Total population 16 years of age and older is 200 million Unemployment rate is 10%Employment is measured by how many people had jobs last month. True or falseIn a country number of employed is 27 million, number of unemployed is 3 million and population(+16 years old) is 60 million. According to this; 1- Calculate the unemployment rate
- An economy has 500 people divided among the following groups: 240 are employed, 60 are looking for a job, and 200 are neither working nor looking for employment. Calculate the unemployment and activity rates.Total Civilian Population= 340 million Employed Workers= 123 million People not looking for work= 48 million People incapable of work= 23 million. Calculate the unemployment rate.A small city has the following characteristics: Population (15+): 440000 Labour Force Participation Rate: 69% Unemployment Rate: 7% How many people are unemployed in this city? (Nearest whole number.)
- Given: • Employed = 153,154 • Unemployed = 8,384 • labor force = 161,537 • Adult Population = 261,611 Find the unemployment rate.Alert dont submit AI generated answer. Who is counted as unemployed? (Assume age 15 or older) A person who is not in the labor force Anyone without a job who is currently seeking work. Anyone without a job. A person who has been without a job for a minimum of four weeks.You are given the following information for a country: population of working age 6 million; labour force 4 million; and employed 3.5 million. Based on this information, which of the following is correct? a. There are 2.5 million unemployed in this country. b. The unemployment rate is approximately 8%. c. The employment rate is approximately 88%. d. The participation rate is approximately 67%.