Calculate the missing values in the table below by using the provided data collected in the household survey for April 20: . (Enter your responses as whole numbers.) Category Working-age population** Value 133,403 Employed** Unemployed** Unemployment rate Labor force** 14.7% 60,2% ** Numbers in thousands Labor force participation rate
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A: As per the guidelines, we can solve only the first 3 subparts of a question
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- The following table shows the annual average data on the employment status of the U.S. civilian noninstitutional population by age in 2017. Age Employed Unemployed Not in Labor Force (Thousands of People) (Thousands of People) (Thousands of People) 16 to 19 years 5,074 827 10,853 20 to 24 years 14,132 1,127 6,137 25 to 54 years 98,833 3,850 23,014 55 to 64 years 26,064 835 14,792 65 years and over 9,234 343 39,964 Total 153,337 6,982 94,759 Source: “Labor Force Statistics from the Current Population Survey.”Bureau of Labor Statistics. What is the national unemployment rate? 2.7% 4.4% 7.4% 59.1% Complete the following table by computing the unemployment rate for each age group. Age Unemployment Rate 16 to 19 years 20 to 24 years 25 to 54 years 55 to 64 years 65 years and over Which of the following groups has an unemployment rate lower…1) Consider the following labour market data.Adult Population 150Not in Labour Force 50Unemployed 30Calculate the number of employed, the labour force, the percentage of people not in the labour force, the rate ofunemployment, and the labour force participation rate.Which of the following statements are TRUE? Explain why. 1. Someone who has been laid off for eight weeks due to COVID-19 and is not looking for work since they are waiting to be called back to their old job in two months would be counted as not in the labour force by Statistics Canada. 2. Someone who is working part time but would prefer to work full time is counted by Statistics Canada as employed. 3. Someone who is out of work but has given up looking for work is counted by Statistics Canada as not in the labour force. 4. The Canadian working-age population consists of individuals 16 years of age and over.
- How to calculate the labour force participation rate? Please provide formula Labour force: 140,00 Working age population: 210,900The following table shows UK labour market data for the first quarter of 2018 (all aged 16 and over, seasonally adjusted). Fill in the blank parts of the table. Male Female Total In employment (000s) 17 128 15 215 ILO unemployed (000s) 756 Total economically active (000s) 15 884 Percentage unemployed (%) 4.2The 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
- 1. Using the following data calculate: 987,156 Currently Working 23,000 volunteer workers 9845 (ages 13-14) looking for work 12,000 (ages 15) looking for work 45,600 Part-Time workers 56 family workers who worked 15 hours a week 234 Self-Employed 6543 discouraged workers 67,432 (ages 23-25) looking for work 67,890 laid off receptionists looking for work 544,321 (ages 16-20) looking for work Current population is 6,000,000 5654 Temp Workers 5000 armed forces 543 recent university graduates that are going back to graduate school 3500 institutionalized (i) The number of persons employed. (ii) The number of persons unemployed. (iii) The labour force. (iv) The Labour Force Participation rate. (v) The “official” unemployment rate.Using the following population and employment data for the United States (2000-2019), answer three questions. Total Population Labor Force (in (in thousands) thousands) 282,434 142,583 285,545 288,600 291,049 293,708 296,639 299,801 302,045 304,906 307,007 309,438 311,663 313,998 Year 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 316,205 318,563 320,897 323,127 325,085 327,096 329,065 % 143,734 144,863 146,510 149,401 149,320 151,428 153,124 154,287 154,142 153,889 153,617 154,995 155,389 155,922 157,130 159,187 160,320 162,075 163,539 % Unemployment (in thousands) 5,692 6,801 8,378 8,774 8,149 7,591 Instructions: Enter your responses as a percentage rounded to one decimal place. In 2019, % 7,001 7,078 a. what percentage of the labor force was employed? 8,924 14,265 14,825 13,747 12,506 11,460 9,617 8,296 7,751 6,982 6,314 6,001 b. what percentage of the labor force was unemployed? Q Search c. what percentage of the total population…Using the following population and employment data for the United States (2000-2019), answer three questions. Year 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Total Population Labor Force (in thousands) (in thousands) 282,434 142,583 285,545 143,734 288,600 144,863 291,049 146,510 293,708 296,639 299,801 302,045 304,906 307,007 309,438 311,663 313,998 316,205 318,563 320,897 323,127 325,085 327,096 329,065 b. unemployment change? million c. employment change? 149,401 149,320 151,428 153,124 154,287 154,142 153,889 153,617 154,995 155,389 million 155,922 157,130 159,187 160,320 162,075 163,539 Instructions: Round your responses to one decimal place. If you are entering a number that is decreasing be sure to enter a negative sign (-) in front of that number. Between 2007 and 2012, by how much did a. the labor force change? million Unemployment (in thousands) 5,692 6,801 8,378 8,774 8,149 7,591 7,001 7,078 8,924 14,265 14,825 13,747…
- Using the following population and employment data for the United States (2000-2019), answer three questions. Year 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Total Population Labor Force (in (in thousands) thousands) 282,434 142,583 285,545 288,600 291,049 293,708 296,639 299,801 302,045 304,906 307,007 309,438 311,663 313,998 316,205 318,563 320,897 323,127 325,085 327,096 329,065 % 143,734 144,863 146,510 149,401 149,320 151,428 153,124 154,287 154,142 153,889 153,617 154,995 155,389 155,922 157,130 159,187 160,320 162,075 163,539 % Unemployment (in thousands) 5,692 6,801 8,378 8,774 8,149 7,591 7,001 7,078 8,924 14,265 14,825 13,747 12,506 11,460 9,617 Instructions: Enter your responses as a percentage rounded to one decimal place. In 2019, a. what percentage of the labor force was employed? 8,296 7,751 6,982 6,314 6,001 b. what percentage of the labor force was unemployed? c. what percentage of the total population was…Fill in the missing values in the table of data collected in the household survey. The working- age population, employment, unemployment, and labor force are measured in thousands. Show working. Working-age population Employment Unemployment Unemployment rate Labor force Labor force participation rate 235,900 9.4% 65.5%Using the following data calculate:(iv) The Labour Force Participation rate.(v) The “official” unemployment rate currently working 23,000 volunteer workers 9845(ages 13-14) looking for work 12,000 (ages 15)looking for work 45,600 Part-time workers 56 family workers who worked 15 hrs a week 234 self-employed 6543 discouraged workers 67,432(ages 23-25)looking for work 67,890 laid off receptionists looking for work 544,321(ages 16-20) looking for work) current population is 6,000,000 5654 Temp workers 5000 armed forces 543 recent university graduates that are going back to graduate school 3500 institutionalized c) Suppose that 20,000 of the employed switch 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. (d) explain the…