Discouraged Workers = 3 Employed = 95 Unemployed = 7 Not in Labor Force = 45...
Discouraged Workers = 3
Employed = 95
Unemployed = 7
Not in Labor Force = 45
Refer to the above information. The total population is:
A) 140
B) 144
C) 147
D) 150
Homework Answers
Here total population will the sum of employed people unemployed people and not in the labour force people .
Discourage workers will be counted in "not in the labour force" people because they are those people who are not actively looking for the work for more than four weeks.
labour force is the sum of employed and unemployed people .
There fore, total population is equal=95+7+45
=147.
Andwer is option C
Add Answer to:
Discouraged Workers = 3
Employed = 95
Unemployed = 7
Not in Labor Force = 45...
Speak Not in the labor force 45 Unemployed 7 Employed 95 Discouraged workers 3 Refer to...
Speak
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3. Consider an economy that initially has a labor force of 4000 workers. Of these workers, 3000 are employed . The economy enters a recession. The total number of employed workers falls by 10%, and in addition 1% of the labour force become discouraged at the prospect of finding a job and stop searching for a job for more than 4 weeks Can you calculate the employment rate given the information above? Explain. Calculate the unemployment rate before, and after,...
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Ellen is downloading labor market data for the most recent month, but her connection is slow. So far this is all she has been able to collect: Unemployment rate | 56% | Participation rate 62.5% Not in the labor force61.5 million Find the working-age population, the labor force, the number of employed workers, and the number of unemployed workers. Instructions: Enter your responses rounded to...
officially unemployed unemployed plus discouraged and underemployed workers unemployed minus discouraged and underemployed workers Drag each item above to its appropriate location in the image. Note that every item may not have a match, while some items may more than one match. Percentage of 20% labor force 0 + 1995 2000 2005 2010 2015 Hide Droppable Areas _open image in New Window
2. Discouraged workers following statements correctly describe discouraged workers? (If none of the choices apply, leave all of the checkboxes blank.) Check all Which of the that apply. They have given up on looking for a job. They are dissatisfied with their current jobs and are e considering quitting. They are full-time workers who would like to work only part-time. They are counted as part of the labor force by the Bureau of Labor Statistics. The following table contains U.S....
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