Which of the following is (are) not correct? A. U-rate in Japan > U-rate in France B. Employment - to - population ratio in Germany > Employment-to-population ratio in Japan C. Employment rate in France Germany D. All of the above are not correct. Employment rate in There is only one labor market in Profunctia. All workers have the same skill, and all firms hire workers with these skills. 10 wage 8 7 6 5 4 3 2 S D 10 20 30 40 50 60 70 80 90 hundreds of workers Note: E is where demand curve cuts supply curve. Which of the following statements is (are) not correct? OA. At E, 5,000 workers are employed. OB. At E, there is a surplus of labor and the structural unemployment rate is 10%. C. At E, 5,000 workers are unemployed. D. Both B) and C) are not correct.

Are U.S. unemployment rates distributed evenly across the population?

Is a decrease in the unemployment rate necessarily a good thing for a nation? Explain.

If you an? out of school but working part time, are you considered employed or unemployed in U.S. labor statistics? If you are a full time student and working 12 hours a week at the college cafeteria are you considered employed or not in the labor force? If you are a senior citizen who is collecting social security and a pension and working as a greater at Wal-Mart are you considered employed or not in the labor force?

Are U.S. unemployment rates typically higher, lower, or about the same as unemployment rates in other high-income countries?

What is structural unemployment? Give examples of structural unemployment.

Examine the table below which contains some labour market data for the Bahamas (2009 - 2014) and answer the questions which follow.  Year Avg. monetary labour income for workers in their main occupation in the last month, PPP Avg. monetary labour income for formal  workers in their main occupation in the last month, PPP Avg. monetary labour income for informal workers in their main occupation in the last month, PPP Unemployment Rate Monthly Minimum Wage, PPP   2009 2,069.32 1,774.19 3,450.47 13% 770   2011 1,992.92 1,836.31 2,663.86 15% 770   2012 1,818.44     14% 770   2013 1,614.73 1,604.85 1,652.05 14% 770   2014 1,674.15 1,593.31 2,055.34 14% 770   a. Given the theorized relationship between the unemployment rate and the minimum wage in the static model of the labour market, how should the unemployment rate respond to a constant minimum wage? b. How does this compare to the data shown in the table? Explain. c. Note that there is a difference in income depending on…

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: (a) Unemployment rate, Labour force participation rate , Employment to population ratio Institutionalized population ratio,Not in the labour force , Working age population ratio

Question    1Let’s    assume    that    a    country    in    the    Caribbean    reports    the    following    labour statistical    data    to    its    citizen    in 2011.Labour    force: 140,200Individuals    under    16    years: 12,400Employment: 132,700Imprisonment: 980                                Working    age    population:    210,900                                    Armed    forces: 18,600                            Use    the    information    given    to    calculate    the following:a) Unemployment rateb) Labour    force    participation ratec) Employment    to    population ratiod) Institutionalized    population ratioe) Not    in    the    labour forcef)                 Working    age    population ratio

If the total population of a country is 300 million, the unemployment rate is 5% and theparticipation rate is 65%, the working age population is:O 105.0 millionO 195.0 millionO 285.0 millio