Statistics Canada reported the following data for June 2011: Labour force: 19,021,600 Employment: 17,693,300 Working-age population: 27,975,700
Question:
Labour force: 19,021,600
Employment: 17,693,300
Working-age population: 27,975,700
Calculate the
a. Unemployment rate.
b. Labour force participation rate.
c. Employment-to-population ratio.
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a The unemployment rate is 69 percent The unemployment rate is the percentage of the labour force th...View the full answer
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Related Book For
Macroeconomics Canada in the Global Environment
ISBN: 978-0321778109
8th edition
Authors: Michael Parkin, Robin Bade
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