If the labor force of 160 million people is growing by 1.2 percent this year, how...
If the labor force of 160 million people is growing by 1.2 percent this year, how many new jobs have to be created each month to keep unemployment from increasing?
Instructions: Enter your response as a whole number.
New jobs per month:
Homework Answers
Labor force = 160 million = 160 , 000 ,000
Increase by 1.2 %
Increase after 1 year = 160,000,000 * 1.2/100 = 1,920,000
New jobs per month = 1,920,000 / 12 = 160,000
Add Answer to:
If the labor force of 160 million people is growing by 1.2
percent this year, how...
During the course of a year, the labor force consists of the same 1,052 people. Of...
During the course of a year, the labor force consists of the same 1,052 people. Of these, 15 lack skills that employers desire and hence remain unemployed throughout the year. At the same time, every month during the year, 23 different people become unemployed, and 23 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). b. Calculate the...
I need answer for C - D Suppose there are 75 million people in the labor...
I need answer for C - D Suppose there are 75 million people in the labor force. The labor force participation rate is 60% and the unemployment rate is 8%. Instructions: Enter whole numbers in each box. a. The number of people in the working-age population is .125 MILLION b. The number of people who are part of the working-age population but not part of the labor force is 50 MILLION c. The number of unemployed workers is _____ MILLION...
During the course of a year, the labor force consists of the same 963 people. Of...
During the course of a year, the labor force consists of the same 963 people. Of these, 15 lack skills that employers desire and hence remain unemployed throughout the year. At the same time, every month during the year, 22 different people become unemployed, and 22 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).
During the course of a year, the labor force consists of the same 1,196 people. Of...
During the course of a year, the labor force consists of the same 1,196 people. Of these, 20 lack skills that employers desire and hence remain unemployed throughout the year. At the same time, every month during the year, 26 different people become unemployed, and 26 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). (b) Calculate the...
A.How many people are unemployed in each year? B. How many people are employed in each...
A.How many people are unemployed in each year?
B. How many people are employed in each year?
5, Suppose the following data describe a nation's population: Year 1 310 million 150 million 8 percent Year 2 315 million Population Labor Force 160 million 7 percent Unemployment rate . How many people are unemployed in cach year? (5 pts) How many people are employed in ecach year? (5 pts)
The overall population for Region A is 90 million people. The labor force contains 44 million...
The overall population for Region A is 90 million people. The labor force contains 44 million people, 35 million people are employed, and 9 million are unemployed. What is the unemployment rate? Round your answer to the nearest whole number. Suppose that a baby boom occurs between the years 2025-2030, similar to the baby boom following World War II. What do you expect to happen to the labor force participation rate in the year 2090-2100, holding all else constant? The...
Suppose the current unemployment rate is 5%, the labor force is 400 million people, the labor...
Suppose the current unemployment rate is 5%, the labor force is 400 million people, the labor force participation rate is 80% and the working-age population is 500 million people. How many million people are unemployed?
The overall population for Region A is 105 million people. The labor force contains 77 million...
The overall population for Region A is 105 million people. The labor force contains 77 million people. 26 million people are employed, while 51 million are unemployed. What is the unemployment rate? Round your answer to the nearest whole number.
In March, 2006 the labor department of the country of Jobland determined that the size of...
In March, 2006 the labor department of the country of Jobland determined that the size of the labor force was 102102 million out of which 9696 million were employed. In May 2006, the labor department determined that 1.51.5 million people became "discouraged workers" in April. Assuming that no new jobs were created between March and April, calculate the unemployment rate for March and April. Jobland unemployment rate in March = nothing percent. (Enter your response rounded to one decimal place.)
Refer to the table below: Year Unemployment Rate Labor Force (in thousands) 2000 4.0 142,583,000 2001 4.7 143,734,000 20...
Refer to the table below: Year Unemployment Rate Labor Force (in thousands) 2000 4.0 142,583,000 2001 4.7 143,734,000 2002 5.8 144,863,000 2003 6.0 146,510,000 2004 5.5 149,401,000 2005 5.1 149,320,000 2006 4.6 151,428,000 2007 4.6 153,124,000 2008 5.8 154,287,000 2009 9.3 154,142,000 2010 9.6 153,889,000 2011 8.5 153,617,000 2012 7.9 154,995,000 2013 6.7 155,389,000 2014 6.2 155,922,000 2015 5.3 157,130,000 2016 4.9 159,187,000 Instructions: In part a, enter your response rounded to one decimal place. In part b, enter your...
During the course of a year, the labor force consists of the same 1,052 people. Of these, 15 lack skills that employers desire and hence remain unemployed throughout the year. At the same time, every month during the year, 23 different people become unemployed, and 23 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). b. Calculate the...
During the course of a year, the labor force consists of the same 963 people. Of these, 15 lack skills that employers desire and hence remain unemployed throughout the year. At the same time, every month during the year, 22 different people become unemployed, and 22 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).
A.How many people are unemployed in each year?
B. How many people are employed in each year?
5, Suppose the following data describe a nation's population: Year 1 310 million 150 million 8 percent Year 2 315 million Population Labor Force 160 million 7 percent Unemployment rate . How many people are unemployed in cach year? (5 pts) How many people are employed in ecach year? (5 pts)
The overall population for Region A is 90 million people. The labor force contains 44 million people, 35 million people are employed, and 9 million are unemployed. What is the unemployment rate? Round your answer to the nearest whole number. Suppose that a baby boom occurs between the years 2025-2030, similar to the baby boom following World War II. What do you expect to happen to the labor force participation rate in the year 2090-2100, holding all else constant? The...
Suppose the current unemployment rate is 5%, the labor force is 400 million people, the labor force participation rate is 80% and the working-age population is 500 million people. How many million people are unemployed?
Most questions answered within 3 hours.
-
Where is the error in this code sequence?
String s1 = "Hello";
String s2 = "ello";...
asked 11 months ago -
Financial data for Joel de Paris, Inc., for last year
follow:
Joel de Paris, Inc.
Balance...
asked 11 months ago -
Consider this reaction:
Al2(SO4)3 (aq)+ BaCl3
(aq) Al2Cl6 (aq)- +
3BaSO4(s) . What is the...
asked 11 months ago -
Suppose that Savneet is considering increasing her
recent random sample from 20 car rentals to 40...
asked 11 months ago -
Trucks arrive at an unloading terminal at an average rate of 120
per hour.
Trucks arrive...
asked 11 months ago -
Why are methanol and ethanol completely soluble in water while
octanol is not very little soluble....
asked 11 months ago -
A facilities manager at a university reads in a research report
that the mean amount of...
asked 11 months ago -
When the CuSO4 is rehydrated by adding water to the anhydrous
compound, is this an endothermic...
asked 11 months ago -
A ray of sunlight is passing from diamond into crown glass; the
angle of incidence is...
asked 11 months ago -
A block of mass 0.249 kg is placed on top of a light, vertical
spring of...
asked 11 months ago -
how do the kidneys compensate in the presences of acidosis
a) trigger hyperventilate
b) reserve acid...
asked 11 months ago -
Question 501 pts
The rental rate of capital to the firm increases. Which of the
following...
asked 11 months ago