In a country with a population of 75 million people there are 19 million children under the age of 15 years, 47 million employed, 8 million unemployed and 1 million full time students. Calculate the unemployment rate

Find the relative change in unemployment from January 2005 to December of 2015.

In an economy, the working-age population is 100 million. Of this total, 75 million workers are employed. 4 million workers are unemployed. 16 million workers are not available for work (homemakers, full-time students, etc.). 3 million workers are available for work but are discouraged and thus are not seeking work. 2 million workers are available for work but are not currently seeking work due to transportation or childcare problems. The unemployment rate in this economy is%. (Round your answer to one decimal place.)

The Labor Force is 12,000,000 and the number of employed is 11,500,000, what is the unemployment rate

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

How is the unemployment rate calculated? Describe the three principal types of unemployment.

Suppose the economy of Questville has an adult (over age 16) population of 100 million, with a labor force participation rate of 90% and 77 million employed people. Calculate the number of unemployed:

Bell-land's unemployment rate is 7.2%. The ruler of Bell-land ( a wonderful, wise middle-aged woman in a wheelchair) asks you whether this is a good rate and if it is an improvement? What is your answer? What are the issues that you need to think about before giving your answer? Explain your answer using the concepts learned in the module. Bell-land is not the same as the U.S.

Suppose the unemployment rate is 5%, participation rate is 80%, out of the labour force is 100 million. What is employment (in million)

Considering an economy with a total labour force of 151 million people, in which 144 million people are employed and 7 million people are searching for a job. Including the people who are young but have not yet entered into the labour market, the total adult population is 228.4 million people. The retirees are 2.7 million people. Find a). Unemployment rate b). Employment rate c). Participation rate