Question: please help me answer these questions Why are there fluctuations in the unemployment rate? Explain at least three instances of fluctuations. What are some things
please help me answer these questions
- Why are there fluctuations in the unemployment rate? Explain at least three instances of fluctuations.
- What are some things that the statistics in the table do not tell us?
- If you were the prime minister of Canada in a period of high unemployment, what would you do to counteract high unemployment? Explain.
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Unemployment in Canada, thousands of persons, selected years, 1929-1986 Year Employed Unemployed Unemployme rate (%) 1929 3909 93 2.4 1932 4182 777 18.6 1933 4246 851 20.0 1934 4312 740 17.2 1941 4423 156 3.5 1945 4478 70 1.6 1951 5223 126 2.4 1956 5782 197 3.4 1958 6127 432 7.1 1961 6521 466 7.1 1967 7451 296 3.8 1974 9125 514 5.3 1982 10644 1314 11.0 1983 10734 1448 11.9 1984 1100 1399 11.3 1985 11311 1328 10.5 1986 11634 1236 9.6
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