61. Who would be included in the labour force? (A) Jeremiah, who plans to travel for a few months before looking for work. (B) Caroline, who does not have a job but is looking for work. (C) Kaylin, a full-time student not looking for work. (D) Rebecca, who has interrupted her career to raise her two children.
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- A______ is a person who was employed in the civilian labor force and was either fired or laid offThree employees processed 600 insurance policies last week. They worked 8 hours per day, 5 days per week. What is the labor productivity?987,156 Currently Working 9845 (ages 13-14) looking for work 45,600 Part-Time workers 234 Self-Employed 67,432 (ages 23-25) looking for work 544,321 (ages 16-20) looking for work 5654 Temp Workers 543 recent university graduates that are going back to graduate school 23,000 volunteer workers 12,000 (ages 15) looking for work 56 family workers who worked 15 hrs a week 6543 Discouraged Workers 67,890 laid off receptionists looking for work Current population is 6,000,000 5000 armed forces 3500 institutionalized Suppose that 20,000 of the employed switches to jobs in the underground economy. When interviewed by STATIN, 50% of these switchers report that they are not working and not seeking work, while the other 50% report that they are not working but seeking work. Explain what happens to the official unemployment rate and the "true" unemployment rate
- Find the number of people employed in the country from the articel. Explain your reasoning.An unemployed person is A person who wants a to work but does not look for oneA person who is actively seeking a paid jobA university graduateA volunteer who does charity workNick is a 75-year-old professor. He teaches only one or two courses a year, but he's still pursuing an active research agenda. Not in the labor force Rosa is a 36-year-old autoworker who was just laid off by her employer. She is trying to find any kind of job to help make ends meet. Not in the adult population Tim is a 43-year-old accountant who has been out of work for almost a year. He became so discouraged that he gave up on his job search a couple of months ago. Crystal is a 31-year-old science teacher who taught at West Valley Middle School last year. Due to budget cuts, she was laid off at the end of the school year. It's the summer now, and after a few weeks of vacation with her family, she is looking for a part-time job as a tutor. Brian is a 20-year-old American Studies major at the University of Tennessee. It's summer now, and he is working as a lifeguard in Mobile, Alabama. Alyssa is a 12-year-old student at East Valley Middle School. She…
- 4 factors that may determine the skill of a workerBonnie works one hour a week but looks every day for full time work. Roger quit his job now he spends all his time writing poems and reading them to his ex-girlfriend. Angelina quit her job at a fast food restaurant and is now trying to get a job selling houseboats. Dwain used to repair steam ships but has lost his job when the steam ship repair company he worked for went out of business do to no one needing steam ships anymore and has been unable to find work. Henry works forty hours a week cleaning chimneys but does not like the work and is looking for a job cleaning basements. Edwin is a bear tamer but is looking for work during the winter months because it is hibernation season for bears - Who is seasonably unemployed? -State which individual or individuals would be considered unemployed -State the four types of unemploymentEconomics The Raleigh City Council has just voted to levy a sizable per-garage-space tax on single family homes, arguing that garages, and especially multi- car garages, are an excellent indicator of the earnings of the residents. Why would the City want to impose such a tax? What are some potential problems with this tax? What changes in single- family homes might you predict if the new tax is implemented? And what changes in the amount of home building might you expect relative to Chapel Hill or Durham?
- Labor force participation rates have been falling from most (though not all) segments of the working age population. (a) How do you explain this when simultaneously so many people are complaining about their economic situation? (b) How does the Earned Income Tax Credit (EITC) attempt to deal with this problem?Define skill set. A. training provided by a job B. skills that have not yet developed in an employeeC. high-paying jobs that require a large number of skillsD. range of developed skills and abilitiesAccording 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; What is the population of the people that is not included in the labour force? Show your work. 3. Calculate the percentage of the people employed and the unemployment rate in Australia. Show your work. 4. 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. 5. Examine the causes of at least two (2) main types of inflation