Calculating (un)employment rates. In a Round numbers land, there are one million men and one million women
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Calculating (un)employment rates. In a Round numbers land, there are one million men and one million women of working age (15-64). Of the men, 740 000 are employed and 200 000 are outside the labour force. Of the women, 640 000 are employed and 300 000 are outside the labour force
(a) What are the employment rates for men and women?
(b) What are the unemployment rates for men and women?
Related Book For
Statistical Techniques in Business and Economics
ISBN: 978-0078020520
16th edition
Authors: Douglas Lind, William Marchal
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