an economy has 10,000 people that are not working (but are looking and available for work) and 90,000 people who are working, what is its unemployment rate? Now suppose that 4,000 of the people looking for work get discouraged and give up on searching. What happens to the unemployment rate? Would this be interpreted as good news for the economy or bad news? Explain

Q: When the following events happen, does the unemployment rate rise (R), fall (F), or stay the same…

A: Since number of unemployment people increase, unemployment rate increases (R).

Q: The overall population for Region A is 88 million people. The labor force contains 42 million…

A: Unemployment rate is the rate which shows the how much people have skills and able to work but don't…

Q: The economy has part time workers of 40 million people, and full time workers of 140 million people.…

A: According to the Bureau of Labor Statistics, people employed for part-time jobs are considered to be…

Q: What are the personal, economic and social consequences of unemployment?

A: Let us discuss certain concepts related to unemployment:Labor force: In an economy, labor force…

Q: What is the difference between being unemployed and being out of the labor force? How do you…

A: Unemployed people are those who do not have a job, have actively sought for employment in the…

Q: explain how  labour could be a factor for the unemployment rate

A: When a worker is unemployed, it means that they have tried to find job at the going rate of pay but…

Q: After the financial crisis that hits the country of Barbaria in 2012, a total of 7 million people…

A: Given  Total number of unemployed people =7 million  Total number of employed people =45 million…

Q: s

A: Employment rates are defined as a measure of the extent to which (people available to work or the…

Q: Why is the unemployment rate sometimes high and sometimes low?

A: Unemployment happens once folks area unit while not work whereas actively looking for employment.…

Q: Consider two hypothetical countries. In Country A, 18 percent of the labour force is unemployed for…

A: Those who are ready to work and able, but unable to find employment opportunities are referred to be…

Q: Consider an economy made up of a 100 people, 50 of whom hold jobs, 10 of whom are looking for work…

A: The unemployment is a situation in which the people in the economy are willing to offer their labor…

Q: Assume that in a country, the total labour force is 150,000 workers, and the total numbers of…

A: Here,  The total labor force is 150,000 workers. The total number of workers employed is 145,500

Q: uppose that, in on the US states, the civilian adult noninstitutional population is 16.5 million,…

A: Unemployment refers to a situation when employable workers are unable to seek a job at the existing…

Q: When the following events happen, does the unemployment rate rise, fall, or stay the same? Briefly…

A: The unemployment rate is the proportion of employed people who are also unemployed in a given…

Q: country with a population of 75 million people there are 19 million children under the age of 15…

A:

Q: What are the possible effects of a high unemployment rate on a country's economy?

A: Unemployment, defined as the condition in which persons who are capable of working and actively…

Q: Why there is always some level of unemployment?

A: The natural rate of unemployment is a situation that occurs when there is a time lag between moving…

Q: The town of Villageton has 500 residents, of which 300 are employed, 30 are not working but actively…

A: "As per our policy, we can provide solutions to the first three subparts. Kindly raise the question…

Q: If there are 160,000 adults in the population of Hugo and 140,000 are working, what are the labor…

A: Labor force is the sum of people who are employed and unemployed.

Q: What is the current U.S. unemployment rate? Why has it changed over the last years or so?

A: Unemployment is a situation where people are jobless in spite of having knowledge and skills.…

Q: How can unions result in higher unemployment rates? How would the results differ for someone who…

A:

Q: If 2 million people are unemployed and 8 million people are employed, calculate the unemployment…

A: The unemployment rate is the percentage of people in the labour force who are unemployed. Measuring…

Q: What is meant by the full employment or the natural rate of unemployment? Which type of unemployment…

A: In an economy, unemployment refers to the situation when labor supplied exceeds labor demand in the…

Q: 4) Suppose the number of employed people in an economy is 6,532,451. The unemployment rate in this…

A: Labor force = unemployed + employed  Let's denote unemployed as X => Labor force = X + employed…

Q: Does the duration of unemployment matters? Explain your answer.

A: Unemployment in the economy occurs when an individual capable of working and possess the skills to…

Q: The population of Coukouville is 10,000. Of that number 2,000 are under 16 or institutionalized,…

A: You're given the following information:Total population of Coukouville: 10,000Number of people under…

Q: Suppose employment is 139 million and unemployment is 9 million. Also, each month an average of 1.2…

A: To find the average number of unemployed people per month, we need to first find the average inflow…

Q: Consider two hypothetical countries. In Country A, 18 percent of the labour force is unemployed for…

A: Comparing the two countries, unemployment in country A is unevenly distributed. However, in the case…

Q: The economy has part time workers of 20 million people, and full time workers of 130 million people.…

A: Unemployment is a persistent issue that arises when certain workers are unable to find employment in…

Q: what are some causes and effects of unemployment on the economy? what are some ways to combat these…

A: Unemployment is a situation when an able bodied man or woman, who is willing to work at the…

Q: Within a country - the number of potential workers is 230 million, the participation rate is 64% and…

A: Number of potential workers (adult population): 230 million Participation rate: 64% Number of…

Q: Would you expect hidden unemployment to be higher, lower, or about the same when the unemployment…

A: Hidden unemployment includes those individuals people who are either underemployed or are…

Q: Petiville has 200 unemployed people. Of these 200 people, 35 are unemployed for two weeks before…

A: A person is said to be unemployed when person is not getting job even at prevailing wage rate . And…

Q: Why shouldn’t every adult without a job be classified as part of the official unemployment rate?…

A: Unemployment rate: The unemployment rate is a useful indication of underutilization of the labor…

Q: f the number of people in the labor force is 170 million and 155 million people are employed, then…

A: labor force = employed + unemployed thus unemployed= 170-155 mn = 15 million

Q: Suppose the unemployment rate is 10% this month and there are 20 million officially unemployed…

A: Given Data:Unemployment rate this month = 10%Number of officially unemployed people this month = 20…