When the unemployment rate rose from 4.4% to 10.0% between 2007 and 2009, why was the unemployment problem even worse than the rise indicated? Group of answer choices -Millions of workers moved from full-time work to part-time work. -Millions of workers moved from part-time work to full-time work. -Millions of workers moved from employment to unemployment. -The unemployment rate does not include babies. -Babyboomers retired.

Calculate unemployment rate and labor force participation rate for both 2019 and 2020 given the following information in 2019 there were 14,000 people employed 1000 people unemployed and 1200 people not in the labor force in 2020 the following event occurred 800 people who are looking for hired 600 people were fired from their jobs and only half started looking for a new job 200 people quit their jobs and not look for new 300 people who are not working decided to start looking 650 people retired and 200 people who were looking decided to stop looking due to lack of success

In October 2020 on Sandy Island, 20,000 were employed, , 1,000 were unemployed, and 3,000 were not in the labor force. Calculate the unemployment rate and the employment-population ratio. >>>Answer to 1 decimal place. The unemployment rate is ___ percent.

Who are involuntary unemployed? A) Individuals who are willing to work at the market wage but they are unemployed. B) People who have retired early. C) People who have chosen to care for their families or homes rather than seek paid employment. D) Full-time students who do not have paid employment.

The following table includes information on the unemployment rates among workers.   Unemployment Rates Among Workers Type of Unemployment Rate of Unemployment (percent) Cyclical 5.6% Discouraged 2.0 Frictional 2.4 Structural 3.5   Instructions: Round your answers to one decimal place.   a. What is the actual unemployment rate?       b. What is the natural rate of unemployment?

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.

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

The population (age 16 and over) of Pageland is 150 million; 11 million are unemployed, and 89 million hold jobs. What are the rates of unemployment and labor force participation of Pageland? Unemployment is 7 percent, and labor force participation is 88 percent. Unemployment is 7 percent, and labor force participation is 72 percent. Unemployment is 11 percent, and labor force participation is 66 percent. Unemployment is 11 percent, and labor force participation is 89 percent.

During the course of a year, the labor force consists of the same 886 people. Of these, 23 lack skills that employers desire and hence remain unemployed throughout the year. At the same time, every month during the year, 35 different people become unemployed, and 35 other different people who were unemployed find jobs. There is no cyclical unemployment. a. Calculate the frictional unemployment rate. %. (Enter your response as a percentage rounded to two decimal places). Enter your answer in the answer box and then click Check Answer. parts remaining Clear All Check Answer

The country of Bada has collected the following information:    Population (working age).   240,000    Employed         180,000    Unemployed      30,000    Calculate:    Labor Force =    Unemployment rate =    Labor-force participation rate =    Classify each of the following individuals in one of the following categories: employed, unemployed, or not in the labor force.  - Last week, Elizabeth worked 10 hours as a computer programmer for the National Video Company and attended night classes at the local college. She would prefer a full-time job.