The table below contains information extracted from the 6 round of the Ghana Living Standards Survey...

  

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The table below contains information extracted from the 6 round of the Ghana Living Standards Survey (GLSS) conducted from September 2012 to September 2013. Total number of people (15 years and above) QI: Did you do any work for pay, profit, family gain or did you prodluce anything for baner or home use during the last 7 days even if it was for only one hour? | 45,697 Yes No 29,461 11,836 Q2: In the last 7 days were you an apprentice?" Yes No 496 10,340 Q3: Were you temporarily absent from work in the last 7 days or did you have a job, business, or other economic or farming activity that he/she will definitely retum to Yes 1,394 No 7954 This was asked only for those who answered "No" to QI 'This was asked only for those who answered "No" to QI & Q2 Q4: Were you available for work during the last 7 days or within the next 4 weeks if there had been an opportunity to work? Yes, last 7 days Yes, but only within the next 4 weeks No 1,301 160 6318 Q5: Did you make any effort during the last 7 days or past 4 weeks to find work or start oun business 419 Yes, last 7 days Yes, pnor to last 7 days but in the last 4 weeks No 198 4581 Note: The questions have been slightly altered from the original question form in the GLSS without any material change in the import of the original question. a) Calculate the number of people who were employed (including those in apprenticeship) b) Calculate the number of people who were unemployed ) Calculate the number of people in the labour force d) Calculate the labour force participation rate e) Calculate the unemployment rate. ) How many discouraged workers are in the economy? The table below contains information extracted from the 6 round of the Ghana Living Standards Survey (GLSS) conducted from September 2012 to September 2013. Total number of people (15 years and above) QI: Did you do any work for pay, profit, family gain or did you prodluce anything for baner or home use during the last 7 days even if it was for only one hour? | 45,697 Yes No 29,461 11,836 Q2: In the last 7 days were you an apprentice?" Yes No 496 10,340 Q3: Were you temporarily absent from work in the last 7 days or did you have a job, business, or other economic or farming activity that he/she will definitely retum to Yes 1,394 No 7954 This was asked only for those who answered "No" to QI 'This was asked only for those who answered "No" to QI & Q2 Q4: Were you available for work during the last 7 days or within the next 4 weeks if there had been an opportunity to work? Yes, last 7 days Yes, but only within the next 4 weeks No 1,301 160 6318 Q5: Did you make any effort during the last 7 days or past 4 weeks to find work or start oun business 419 Yes, last 7 days Yes, pnor to last 7 days but in the last 4 weeks No 198 4581 Note: The questions have been slightly altered from the original question form in the GLSS without any material change in the import of the original question. a) Calculate the number of people who were employed (including those in apprenticeship) b) Calculate the number of people who were unemployed ) Calculate the number of people in the labour force d) Calculate the labour force participation rate e) Calculate the unemployment rate. ) How many discouraged workers are in the economy?

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a As per the question employed person is someone who is eligible and willing to work as well has wor... View the full answer