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State has a labor force of 78,567 persons and employment of 74,382. The
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- The population of Coukouville is 10,000. Of that number 2,000 are under 16 or institutionalized, 3,000 are not in the labor force, and 250 are currently unemployed. What is the unemployment rate in Coukouville?In the country of Kong the labor force participation rate is 64%, the unemployment rate is 16%, and the adult population was 57140. How many people are employed in Kong?Employment Rate is: The number of people employed the number of employed people divided by the working-age population the number of people of working age in the population the total number of employed plus unemployed people none of the above
- Assume the total population is 3500. Of the total population, 1800 are working full-time. Of the not-working population, 1000 are under 16 years of age, 350 are full-time/not-working college students, 50 were retired, 150 had stopped looking for work because they think there were no jobs for them, and 150 are diligently looking for work. 6. Calculate # of non-labor force. 7. Calculate the unemployment rate (%). 8. Assuming "discouraged labor" is considered "unemployed," calculate the unemployment rate (%). -----. -----------in the United States, the adult population is 160.5 million, the labor force is 75.6 million, and the number of people employed is 70.2 million. According to those numbers, the United States labor force participation rate and unemployment rate are about 43.7% and 2.12% 47.1% and 7.1% 43.7% and 7.796 90.8% and 7.1%The following table Q4(b) presents principal statistics of labour force in Johor, for the years of 2016-2017. Table Q4(b): Statistics of labour force, Johor 2016-2017 C'000) Employe unemployed d Year (%) Un- Labour force Labor Non force labour employm participat -ion rate force ent rate 2016 1639.1 1580.6 58.5 820.7 1671.7 1614.7 Source : Malaysia Labour Statistics, 2018. 2017 57.0 823.3 Given Formula: (1) Labor force participation rate =(labor force / working age population)x100 (ii) Unemployment rate = (mmber of people unemployed/ labor force) x100 Compute: (i) Labour force participation rate and in Johor for the years of 2016 and 2017 (ii) Unemployment rate in Johor for the years of 2016 and 2017.
- Unemployment Rate Year Labor Force 2000 142,583,000 4.0 2001 143,734,000 4.7 2002 144,863,000 5.8 2003 14,6510,000 6.0 2004 149,401,000 5.5 2005 149,320,000 5.1 2006 151,428,000 4.6 2007 153,124,000 4.6 2008 154,287,000 5.8 2009 154,142,000 9.3 2010 153,889,000 9.6 2011 153,617,000 8.5 2012 154,995,000 7.9 2013 155,389,000 6.7 2014 155,922,000 6.2 2015 157,130,000 5.3 2016 159,187,000 4.9 2017 160,320,000 4.4 2018 162,075.000 3.9 2019 163,539.000 3.7 Instructions: In part a, round your response to one decimal place. In part b, enter your response as a whole number a. What was the unemployment rate in 2019? 3.7 b. How many more jobs were needed to bring the unemployment rate down to 3 percent?Calculate unemployment rate if adult population of the nation is 900 people of which 550 people are working and 50 are looking for workingIn a country number of employed is 27 million, number of unemployed is 3 million and population(+16 years old) is 60 million. According to this; b) Calculate the labor force participation rate.
- If the Nominal GDP is 120 and the real GDP is 100 find the level of price indexUse the following information to calculate the inflation rate (one decimal point) for 2020. CPI index 2019: 112.7 CPI index 2020: 117.7The following table shows the annual average data on the employment status of the U.S. civilian noninstitutional population by age in 2017. Age Employed Unemployed Not in Labor Force (Thousands of People) (Thousands of People) (Thousands of People) 16 to 19 years 5,074 827 10,853 20 to 24 years 14,132 1,127 6,137 25 to 54 years 98,833 3,850 23,014 55 to 64 years 26,064 835 14,792 65 years and over 9,234 343 39,964 Total 153,337 6,982 94,759 Source: “Labor Force Statistics from the Current Population Survey.
