In Nova Scotia in May 2011, the labour force was 501,700 and 458,100 people were employed. In

Question:

In Nova Scotia in May 2011, the labour force was 501,700 and 458,100 people were employed. In June 2011, the labour force increased by 4,600 and the number employed increased by 9,300. Calculate the unemployment rate in May 2011 and in June 2011.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Macroeconomics Canada in the Global Environment

ISBN: 978-0321778109

8th edition

Authors: Michael Parkin, Robin Bade

See More Books

Question Posted: Dec 19, 2015 04:49 AM

See More Questions

In July 2012, in the economy of Sandy Island, 10,000 people were employed, 1,000 were unemployed, and 5,000 were not in the labour force. During August 2012, 80 people lost their jobs and didnt look...
In a particular economy, the labour force (the sum of employed and unemployed workers) is fixed at 10 mil-lion. In this economy, each month 1% of the workers who were employed at the beginning of the...
The accompanying table provides data on the size of the labour force and the number of unemployed workers for the provinces and territories of Canada. a. Calculate the number of workers employed in...
Show that the ratio of the angular speeds of a pair of coupled gear wheels is in the inverse ratio of their respective radii.
Rovniak Reeds, a manufacturer of saxophone, oboe, and clarinet reeds, has projected sales to be $890,000 in October, $950,000 in November, $1,025,000 in December, and $920,000 in January. Rovniaks...
Eloisa Corporation applies IFRS. Information about Eloisa Corporation's income before income tax of $633,000 for its year ended December 31, 2017 includes the following: 1. CCA reported on the 2017...
What is the major advantage of snowball sampling?
The registrar of a university with a population of N = 4,000 full- time students is asked by the president to conduct a survey to measure satisfaction with the quality of life on campus. The...
Please provide your prediction for Apple sales for the year ending in September 2 0 2 4 ? Do you think Apple will generate more sales this current year, than they have in prior years? Why yes or why...
Bronys Bikes maintains two general demand deposit bank accounts and an imprest payroll account. One of the general bank accounts and the payroll account are with Dallas Dollar Bank. The second demand...
The Statistics Canada reported the following data for June 2011: Labour force participation rate: 68 percent Working-age population: 27,975,700 Employment-to-population ratio: 63.2 a. Labour force....
Statistics Canada reported the following data for Ontario in May and June in 2011: The unemployment rate fell from 8.3 percent to 7.6 percent. The employment-to-population ratio increased from 62.2...
Prepare a close-out log for the hotel case study. Include at least ten subcontractor and supplier categories. Make whatever assumptions are necessary. Hotel Case Study: Many additional elements are...
What does a foot-candle measure?
Now review the audit report of the 2022 financial report. State what type of opinion was expressed? Are there any additional sections or paragraphs indicating any audit issues? What key audit matters...
The compensation specialist has been asked to review all of the performance ratings given by department heads and highlight an irregularities to the director. They notice that one department has...
What would be the independent and dependent variable in all four hypothesis? Hypothesis 1: Sleep quantity is positively associated with organizational citizenship behavior directed toward individuals...
As an auditor, you are required to write a letter to a client, you explain the operation of corporation tax by demonstrating an understanding of the underpinning concepts. You must use a range of...
a) Find an expression for f (x), stating its domain. b) Find an expression for a in terms of x, a 0, when f(x) = f(2x + a). f(x)=2x+a, x = R, 2x -a.
In your readings, there were many examples given for nurturing close family relationships in this ever-evolving technological society we live in Based upon your readings and research describe three...
Discuss the pros and cons of having a higher or lower multiplier.
Consider an economy in which tax collections are always $400 and in which the four components of aggregate demand are as follows: . Find the equilibrium of this economy graphically. What is the...
Consider an economy similar to that in the preceding question in which investment is also $200, government purchases are also $500, net exports are also $30, and the price level is also fixed. But...
Discuss the merits of the each standard (2g, 3g & 4g), including the advantages and disadvantages of each with respect to planning , deployment and the services they are able to provide.
Consider a dataset with the following 7 data points: {(3, +1), (2,+1), (-1,-1), (0,-1), (+1,-1), (+2, +1), (+3, +1)} Consider mapping these points to 2 dimensions using the feature vector (x) = (x,...
You borrow $3,500 and will pay back the entire amount in 5 years. You are charged 9 percent interest per year. How much interest do you pay on this loan?

In Nova Scotia in May 2011, the labour force was 501,700 and 458,100 people were employed. In

Question:

Step by Step Answer:

The May 2011 the unemployment rate was 87 percent and the June 2...View the full answer

Macroeconomics Canada in the Global Environment

Students also viewed these Economics questions