Table 28-5 2015 Labor Data for Tajnia Number of adults employed Number of adults unemployed Number of adults not in the labor force Refer to Table 28-5. The total adult population of Tajnia in 2015 is 30,000. True 10,000 2,250 17,750 False
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- 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?What is frictional unemployment? Give examples of frictional unemployment.If in an economy, labour force is 622.8 million and the population is 1254.4. Calculate the LFPR. a. -61025.60 O b. 49.65 O c. 201.41 O d. 126062.80
- Suppose the labor force participation rate is 60% and adult age population is 200 million wtat is labor force ?fill in the blank year population employed unemployed labor force unemp. Rate LFPR 1.0 300 1000 0.50 2.0 1800.00 800 0.70 3.0 1600.00 700 0.45 0.80The Current Population Survey reports the data for last month: 73 million people had full-time jobs. 10 million people had part-time jobs. 5 million people had no work but were available and had looked for work in the past four weeks. 36 million people of working age did not have jobs and did not want jobs. Calculate last month's labor force and working-age population. 3 tries left Last month, the labor force was was million. A. 98; 134 OB. 93; 124 OC. 88; 134 D. 88; 124 million and the working-age population
- 11. Complete the below table. Labor Units TP 0 1 5 10 25 50 80 100 118 135 151 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 166 180 193 205 216 226 235 243 250 256 261 265 268 270 271 MP AP TC 0 500 1000 1500 2000 2500 3000 3500 4000 4500 5000 5500 6000 6500 7000 7500 8000 8500 9000 9500 10000 10500 11000 11500 12000 12500 MC AC DOnly typed answer and please don't use chatgpt Who would be held responsible for an unfavourable labour rate variance caused by the employment of workers with higher-than standard qualifications? a. The marketing manager b. The production manager c. The human resource manager d. The purchasing manager1 80% O 75% O 60% - 20% 3 Questus 23-24 The arm bow days 10 9 ... 4 s Woge What is the labor force participation rate of this country? Leber Demand 10 20 30 40 50 60 70 80 90 100 No of Workers of th
- Real Wage 60 70 80 90 Number of Workers Demanded 120,000,000 110,000,000 100,000,000 90,000,000 100 80,000,000 110 70,000,000 120 60,000,000 130 50,000,000 140 40,000,000 150 30,000,000 160 20,000,000 170 10,000,000 Labor Force Participation Rate people will have jobs. 30% 35% 40% people will have jobs. 45% 50% 55% 60% 65% 70% 75% 80% Ignore what happened in the previous question. The table above shows some pieces of information about the labor market condition in a country. It shows the number of workers demanded in the country at different levels of real wage. It also shows the labor force participation rates at those real wage levels. For example, if the real wage is 60, only 30% of the civilian population will participate in the labor force. If the real wage is 170, some 85% will participate in the labor force. The general price level in this country is P = 100. The civilian population in this country is 100 million persons. Assume that wages and prices are fully flexible upwards…Next C Which statement correctly describes the U.S. labor force participation rate? The U.S. labor force participation rate O A. increased from 59 percent in 1960 to 67 percent in 1999 B. for women is higher than the female labor force participation rates in Canada and the United Kingdom O C. has a downward trend that is mainly accounted for by the decreasing participation of women in the labor market D. is calculated as the percentage of the working-age population who are employed 888Who benefits economically from the rise of gig work, like venture capitalists, shareholders, gig workers, customers, or traditional workers?