The table below reports the total population in a country and the number of people in different groups. Total population People in jail People working part time People working full time Children under the age of 16. People serving in the military Retirees Full-time students What is the unemployment rate? | 250 million 20 million 20 million 100 million 25 million 10 million 15 million. 20 million

The table below reports the total population in a country and the number of people in different groups. Total population People in jail People working part time People working full time Children under the age of 16. People serving in the military Retirees Full-time students What is the unemployment rate? | 250 million 20 million 20 million 100 million 25 million 10 million 15 million. 20 million

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter6: Macroeconomic Measurements, Part I: Prices And Unemployment

Section: Chapter Questions

Problem 6WNG

See similar textbooks

Similar questions

Are U.S. unemployment rates distributed evenly across the population?
What criteria do the BLS use to count someone as employed? As unemployed?
Many college students graduate from college before they have found a job. When graduates begin to look for a job, they are counted as what category of unemployed?
Are all adults who do not hold jobs counted as unemployed?
Are U.S. unemployment rates typically higher, lower, or about the same as unemployment rates in other high-income countries?
: Calculate for the unemployment rate using the table below: Total Population 20 000 Working Age Population 15 000 Employed 1 000 Unemployment 100
Assess whether the following would be counted as “unemployed” in the Current Employment Statistics survey. a. A husband willingly stays home with children while his wife works. b. A manufacturing worker whose factory just closed down. c. A college student doing an unpaid summer internship. d. A retiree. e. Someonewhohasbeenoutofworkfortwoyears but keeps looking for a job. f. Someone who has been out of work for two months but isn’t looking for a job. g. Someone who hates her present job and is actively looking for another one. h. Someone who decides to take a part time job because she could not find a full time position.
4G1 11:23 BO Bully Just now Suppose some country had an adult population of about 25 million, a labor-force participation rate of 60 percent, number of employed 14.1 million people. What is the unemployment rate?
A country has a population of 160 million. Out of this population, the number of retired people is 23 million, the number of people below working age (under 16 years) is 39 million, and the number of people under different types of institutional care is 1.5 million. In this country, the number of the employed amount to 75 million people and the unemployed amount to 4 million people. Calculate the following and show your work Working-age population Unemployment rate The economic activity rate Employment rate
The 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