The table below shows labour force information for a hypothetical economy, Selkirk. Answer the following questions,...
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The table below shows labour force information for a hypothetical economy, Selkirk. Answer the following questions, writing out millions of workers to two decimal places eg. 1.00 million and percentages to one decimal place eg 10% 2019 4.90 million 1.60 million 2020 Total population 15 years and over Those 15 years and over not in the labour force popalation Part-tine workers who wish to have full-time jobs Part-tine workera who do not vish to have ful1-time joba Discouraged workers Morkers with fall-time jobe Unemployed menbers of the labour torce 120,000 360,000 480,00 1.40 million 180,000 4.90 million 1.60 million 145,000 435,000 S80,000 190,000 a. The Selkirk's labour force population in 2019 is million while the labour force is million. The participation rate in 2019 is % and the official unemployment rate is million while the labour force is million. The Selkirk's labour force population in 2020 is % and the official unemployment rate is %. The participation rate in 2020 is b. Between 2019 and 2020 the Selkirk's official unemployment rate has (Cick to select) v while the number of unempyed members of the labour force has (Click to select) v. c. If the unemployment rate included underemployed and discouraged workers, the Selkirk's unemployment rate would be 2019 and % in % in 2020. The table below shows labour force information for a hypothetical economy, Selkirk. Answer the following questions, writing out millions of workers to two decimal places eg. 1.00 million and percentages to one decimal place eg 10% 2019 4.90 million 1.60 million 2020 Total population 15 years and over Those 15 years and over not in the labour force popalation Part-tine workers who wish to have full-time jobs Part-tine workera who do not vish to have ful1-time joba Discouraged workers Morkers with fall-time jobe Unemployed menbers of the labour torce 120,000 360,000 480,00 1.40 million 180,000 4.90 million 1.60 million 145,000 435,000 S80,000 190,000 a. The Selkirk's labour force population in 2019 is million while the labour force is million. The participation rate in 2019 is % and the official unemployment rate is million while the labour force is million. The Selkirk's labour force population in 2020 is % and the official unemployment rate is %. The participation rate in 2020 is b. Between 2019 and 2020 the Selkirk's official unemployment rate has (Cick to select) v while the number of unempyed members of the labour force has (Click to select) v. c. If the unemployment rate included underemployed and discouraged workers, the Selkirk's unemployment rate would be 2019 and % in % in 2020.
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Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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