Question: 1. This is an individual assignment which every student has to submit. 2. Try to answer the question based on critical thinking given from the
1. This is an individual assignment which every student has to submit. 2. Try to answer the question based on critical thinking given from the case study in the class. 3. Submission deadline before Test 2 4. Write your section, student id, class time, date and name, in the space allotted above. 5. Submit your answers in online moodle using with this template. Question - Calculate the unemployment rate and labor force participation rate for the following schedule showing the production, labor force and total employment in Malaysia in 2019(5 points for calculation and 2 points for interpretation of the answers) 2020 Total population (million) 1.7 Million Labor force (in thousands) 12,00,000 Employed persons (in thousands) 8,00,000 Number of unemployed (in thousands) 4.00,000 Working age population (in thousands) 14,00,000
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
