Which of the following data is cheapest to collect A. Canadian Census data on unemployment B. None of the above C. Google trends data related to Canadian unemployment D. Opinion polls on the state of unemployment in Canada
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- Q) The Australian Bureau of Statistics (ABS) reported in May 2017 that the civilianpopulation in Australia over 15 years of age was 20.8 million.Of this population of 20.8 million Australians, 13.5 million were employed and0.7 million were unemployed.Calculate Australia’s labor force and the number of people in the civilianpopulation who were not in the labor force? Also, with examples examine thecauses of structural unemployment in AustraliaQuestion 4 2. The Australian Bureau of Statistics (ABS) reported in May 2017 that the civilian population in Australia over 15 years of age was 20.8 million.Of this population of 20.8 million Australians, 13.5 million were employed and 0.7 million were unemployed.Calculate Australia’s labor force and the number of people in the civilianpopulation who were not in the labor force? Also, with examples examine thecauses of structural unemployment in Australia.The OECD countries' unemployment rate has risen continuously since early 2020 before the COVID-19 pandemic hit the labor market. According to the statistics, the unemployment rate has increased drastically from Feb to July 2020. Among the most affected countries are the United States (3.5% to 10.2%). (i) give two unemployment challenges of the country. (ii) what do you think can be the best solution to reduce the unemployment rate in the United States?
- i. According to Australia Bureau of Statistics, in 2020 the population of Australia is about 25.6 million. The adult population over the age above 15 years was reported to be about 21.3 million and the labour force is 16.5 million. The population employed was about 13.4 million. Following this information; a. What is the population of the people that is not included in the labour force? Show your work. ANSWER: b. Calculate the percentage of the people employed and the unemployment rate in Australia. Show your work. ANSWER: c. Currently unemployment has increased in Australia. What are the 2 main causes of increasing unemployment in Australia. Your answer should be based on the case study used during this trimester and current events events. ANSWER: ii. Examine the causes of at least two (2) main types of inflation ANSWER:Unemployment rate ......... when more people ...... or ...... (QUEATİON MAY HAVE MORE THAN ONE CORRECT ANSWER.) a. declines / find jobs/enter the labor force b.declines / find jobs / take a vacation c.declines / find jobs / withdraw from the labor force d.dincreases/lose jobs / run out of unemployment insurance compensation e.increses/lose jobs/ enter the labor forceSuppose the Australia Bureau of Statistics indicated that the Consumer Price Index (CPI) increased to 103.2 in 2019 from 104.5 in 2018. Use this information to answer the following questions: Calculate Australia’s inflation rate in 2018. Suppose Singh borrowed money from a bank in 2017. Identify the party who would gain from the financial situation in Australia. The Department for Jobs and Small Business of Australia published the following information in 2020: Total population 24 million Labor force 75% of the total population Unemployment Population 890,750 Use the information provided to answer the following questions: Calculate the population that was employed in Australia in 2020. Calculate Australia’s unemployment rate 2020.
- Question 2 ) The Happyland Population Secretariat published the following information in 2022: Total population: 30 million Labor force: 85% of the total population Employed population: 23.5 million people Use the information provided to answer the following questions: i. Calculate the population that is excluded from the labour force in Woodland Republic in 2021 and indicate at least 4 sectors that are excluded from labour force. ( ANSWER b) (i): ii. Calculate the Happyland Republic’s unemployment rate in 2022. Full explain this question and text typing work only thanks1.The Data of unemployment is given Below: * Unemployment popculation is 5.5 million * Participation rate is 65% * Working-age popculation is 40 million + You are asked to find a) Popculation out of labor force?Select one or more: a. The unemployment rate is (unemployed/labour force) x 100. b. The participation rate is the (employed/labour force) x 100. c. Someone is counted as unemployed if they do not have a job. d. The unemployment rate is (unemployed/population of working age) x 100.
- Consider an economy with the following data: Population (civilian, 16 and older, non-institutionalized) = 800 million. Employed = 364 million Labor Force = 400 million What is the unemployment rate in this economy? Group of answer choices A) 91% B) 36% C) 4.5% D) 9%Reginald looked for work for six months but could not find a job to his liking. He now spends his time at the beach. For purposes of employment he is considered: a)employed in the undergroundeconomy. b)underemployed. c)unemployed. d)out of the labor force.1. Other indicators of the health of the labor market that economists track are: a. New unemployment claims b. The winner of the Super Bowl c. Private payroll data from ADP d. both a and b e. both a and c.
