The below table shows the labour force data for the country of Parsha in 2019 (figures in millions): Round your answers to 2 decimal places. Population Working-age population Labour force Employed Labour force participation X 2019 41 33 25 23.1 75.8 2020 41 33 Not in working-age population Not in labour force Unemployed Unemployment & 2019 8 6 7.6 Suppose the only change that occurs in 2020 is that the number of retired workers increases by 12 (million). Complete the above table 2020

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations
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The below table shows the labour force data for the country of Parsha in 2019 (figures in millions): Round your answers to 2 decimal
places.
Population
Working-age population
Labour force
Employed
Labour force participation X
2019
41
33
25
23.1
75.8
2020
41
33
1157
Not in working-age population
Not in labour force
Unemployed
Unemployment &
2019
8
6
7.6
Suppose the only change that occurs in 2020 is that the number of retired workers increases by 12 (million). Complete the above
table.
2020
Transcribed Image Text:The below table shows the labour force data for the country of Parsha in 2019 (figures in millions): Round your answers to 2 decimal places. Population Working-age population Labour force Employed Labour force participation X 2019 41 33 25 23.1 75.8 2020 41 33 1157 Not in working-age population Not in labour force Unemployed Unemployment & 2019 8 6 7.6 Suppose the only change that occurs in 2020 is that the number of retired workers increases by 12 (million). Complete the above table. 2020
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