Question: answer empty boxes I he table below shows labour force information for a hypothetical economy. Answer the following questions, writing out millions of workers to

answer empty boxes

answer empty boxes I he table below shows labour force information for

I he table below shows labour force information for a hypothetical economy. Answer the following questions, writing out millions of workers to two decimal places e.g. 1.00 million and percentages to one decimal place e.g. 1.0%. 2014 2015 Total population 15 years and over 4.20 million 4.20 million Those 15 years and over not in the labour force 1.40 million 1.40 million population Part-time workers who wish to have full-time jobs 100,000 125,000 Part-time workers who do not wish to have full-time 300,000 375,000 jobs Discouraged workers 400,000 500,000 Workers with full-time jobs 1.20 million 1.30 million Unemployed members of the labour force 150,000 160,000 a. The labour force population in 2014 is million while the labour force is million. The participation rate in 2014 is % and the official unemployment rate is The labour force population in 2015 is million while the labour force is million. The participation rate in 2015 is % and the official unemployment rate is b. Between 2014 and 2015 the official unemployment rate has decreased while the number of unemployed members of the labour force has increased c. If the unemployment rate included underemployed and discouraged workers, the unemployment rate would be % in 2014 and % in 2015

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