ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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- Level of Education Number of Economically Active People (in millions) Number of Unemployed People (in millions) Master's degree 25.1 1.1 Bachelor's degree 57.6 3.4 Associate degree 23.8 1.9 Some college 52.4 5.2 High school diploma 59.6 6.4 Less than high school diploma 21.5 3.5 Determine the unemployment rates for all levels of education. Enter the answer for the category with the highest unemployment rate in the box below and round to one decimal place if necessary.arrow_forwardQuestion 2arrow_forwardAdult Population (civilian, non- institutionalized) 14,000 Employed Unemployed Not in Labor Force 10,000 2,100 1,900 The labor force participation rate is about: Group of answer choices 86.4% 13.6% 66.6% none of these is even closearrow_forward
- Calculate the requested piece of information using the following information - show your calculations. A) Civilian, labor, force, using 1) population: 300,000,000 (civilian, non-institutional) 2) participation rate: 75.0%. 3) employed: 200,000,000 people 4) unemployed: 25,000,000 people arrow_forwardAdult Population (civilian, non-institutionalized) 14,000 Employed 10,000 Unemployed 2,100 Not in Labor Force 1,900 The labor force participation rate is about: Group of answer choices 86.4% 13.6% 66.6% none of these is even closearrow_forwardCategory Number of Persons Part Time Employees 30 million People Looking for Work in the last 4 weeks and Have not Worked in the Last Week 9.2 million Full Time Employees 101 million Retirees 15.8 million Full Time Students 13 million Workers that haven't looked because they are marginally attached 4.9 million Workers that haven't looked because they are discouraged 4.1 million Assume the table above includes the population of all individuals age 16 or older in this country. What is the labor force participation rate (as a percentage, but omit the % sign, rounded to the nearest tenth)? Note:- Please give me proper calculation with correct answer otherwise i give downvote Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.arrow_forward
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