Help Save &E The table below shows labour force information for a hypothetical economy, Assiniboia Finding Participation and Unenploynent Rates in Assinibois Total population 15 years and over Those 15 years and over not in the labour force population Morkers with part-time fobs Morkers with full-tine jobs Uneeployed meabers of the labour fore 2019 21 11lion 2020 21.4 willion 3.1 million 3.0million 1.75 illior 10.3 willion 500,000 2.00 million 10.4 million 350,000 a. Calculate Assiniboia's labour force population, labour force, participation rate, and official unemployment rate in 2019. Then calculate values for the same variables in 2020. Enter your responses rounded to t decimal place 2019 2010 Labour Force Population nillion million Labour Force alllion alllion Participation Rate official Unenploynent rate b. Has Assiniboia's official unemployment rate risen or fallen between 2019 and 2020? Has the number of unemployed memibers of the workforce risen or fallen during this same period? Assiniboia's official unemployment rate Click to select) Number of unemployed members of the workforce (Click to seloct)

Help Save &E The table below shows labour force information for a hypothetical economy, Assiniboia Finding Participation and Unenploynent Rates in Assinibois Total population 15 years and over Those 15 years and over not in the labour force population Morkers with part-time fobs Morkers with full-tine jobs Uneeployed meabers of the labour fore 2019 21 11lion 2020 21.4 willion 3.1 million 3.0million 1.75 illior 10.3 willion 500,000 2.00 million 10.4 million 350,000 a. Calculate Assiniboia's labour force population, labour force, participation rate, and official unemployment rate in 2019. Then calculate values for the same variables in 2020. Enter your responses rounded to t decimal place 2019 2010 Labour Force Population nillion million Labour Force alllion alllion Participation Rate official Unenploynent rate b. Has Assiniboia's official unemployment rate risen or fallen between 2019 and 2020? Has the number of unemployed memibers of the workforce risen or fallen during this same period? Assiniboia's official unemployment rate Click to select) Number of unemployed members of the workforce (Click to seloct)

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter21: Unemployment

Section: Chapter Questions

Problem 11RQ: If you an? out of school but working part time, are you considered employed or unemployed in U.S....

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Why is there unemployment in a labor market with flexible wages?
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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?
23 Ofal unempyt rtetatiies mi a everstate the antf unyleymet by incleding partime workers inthe cal hi understale the a f unmployt by echaing pei worken in the tio to enentate the ant of unmplet becae of the prence of "d ed workes whe wm actively weking emplyment. di understate the amot of unemployt hecae of he prenee of raged" wke whe are ttively seking emleymt.
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