The following data pertains to Googa, an economy.  Population:258 million. Population 16 years and under or institutionalized: 116 million. Population employed: 89 million.  Population unemployed: 3 million. Population employed part time, but willing to work full time 16 million.  Population currently not employed, not seeking employment, but willing and able to work 5 million.    a. what is the labor force in Googa? b. what is the unemployment rate in Googa

Retired people who are still capable of working are: check all that apply O unemployed not part of the labor force part of the adult population part of the labor force not part of the adult population

Laos' total population is 300,000. There are 60,000 people under the age of 16 in Laos. Laos' Labour Force size is 180,000. Currently there are 150,000 members of the Labour Force working. 1. What is Laos Labour Force Participation Rate? 2. What is Laos' unemployment rate?

20. The economy is fully employed when there is no: cyclical unemployment seasonal unemployment structural unemployment frictional unemployment

Table 7.2 Labor force participation rate 75% Total population 16 years age Unemployment rate of and older 200 million 10% Refer to Table 7.2. The total number of people unemployed is Select one: a. 15 million b. 17 million c. 13 million d. 20 million

A6

Use the table data below about this economy to answer the questions that follow regarding employment/unemployment. Show all calculations. Group Relevant population ?? Not in labor force 85 Labor Number in Millions Employed Unemployed 245 ?? 25 1. What is the relevant population in this economy? 1. How many people are employed in this economy? 1. Calculate the unemployment rate.

Full-time workers Part-time workers Not working, but seeking employment Discouraged workers Retired Incarcerated Adult population 45.000 B) The unemployment rate= 10,000 15.000 1.000 A) The labor force participation rate= 5.000 500 100,000

of the people described below, who would be counted as unemployed? Choose one or more: A a 55-year-old steel worker who was laid off 18 months ago and has given up trying to find a job OB. a 17-year-old single parent who has just been laid off and is looking for a new job OC. a second lieutenant in the U.S. Army DD. a full-time college student who plans to look for a job after graduation OE. bin able-bodied 53-year-old who took an early retirement package from her employer OF. a newly graduated Ph.D. who could not find a teaching job and is driving a taxi DG. a student who quit college to look for a modeling job in New York

The table gives information about a nation's labor force. What is the number employed? The number employed is million. >>> Answer to 1 decimal place. Labor Market Data Labor force Not in labor force Unemployed 147.4 million 76.0 million 8.1 million