Question: 8. Statistics Canada reported the following data for July 2016: Labour force participation rate: 66.6 percent Working-age population: 29.6 million Employment rate: 61.8 percentCalculate thea)

8. Statistics Canada reported the following data for July 2016: Labour force participation rate: 66.6 percent Working-age population: 29.6 million Employment rate: 61.8 percentCalculate thea) Labour force (2 Marks)b) Employment (2 Marks)c) Unemployment rate (2 Marks)

8. Statistics Canada reported the following data for July 2016: Labour force

8. Statistics Canada reported the following data for July 2016: Labour force participation rate: 66.6 percent Working-age population: 296 million Employment rate: 61.8 percent Calculate the a) Labour force (2 Marks) b) Employment (2 Marks) c) Unemployment rate (2 Marks)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!