Statistics Canada reported the following data for July 2014: Labour force participation rate: 67.4 percent Working-age population:
Question:
Statistics Canada reported the following data for July 2014:
Labour force participation rate: 67.4 percent
Working-age population: 29.0 million
Employment-to-population ratio: 62.5 Calculate the:
a. Labour force.
b. Employment.
c. Unemployment rate.
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Labour force Labour force participation rate x Working age population Labour force 6...View the full answer
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Related Book For
Microeconomics Canada In The Global Environment
ISBN: 9780321931184
9th Edition
Authors: Robin Bade, Michael Parkin
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