The U-1 rate for July 2020 was 5.0% The U-3 rate for July 2020 was 10.2% Based on the answers to the previous questions on the month of July 2020, what is the numerical difference between the U-1 measure of long-term unemployment, and the U-3 unemployment rate?
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The U-1 rate for July 2020 was 5.0% The U-3 rate for July 2020 was 10.2% Based on the answers to the previous questions on the month of July 2020, what is the numerical difference between the U-1 measure of long-term
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- The U-3 rate for April 2020 was 14.7%The U-6 rate for April 2020 was 22.9% Based on the answers to the previous questions on the month of April 2020, what is the numerical difference between the U-6 measure of labor underutilization, and the U-3 unemployment rate?The U-3 rate for February 2020 was 3.5%. The U-6 rate for February 2020 was 7.40% Based on the answers to the previous questions on the month of February 2020, what is the numerical difference between the U-6 measure of labor underutilization, and the U-3 unemployment rate?Suppose that the number of non-institutional civilian (working age) population is 150 million. Of those, 20 million are neither working nor looking for jobs. If the number of people employed is 100 million, what is the unemployment rate?
- Assume you are told there are 3,000,000 in a country's labor force, 5,000,000 in the population, and the number of people employed is 2,820,000. What is the unemployment rate? 43% 5% 40% 6% 3%Show how the unemployment rate in each month is calculated from the numbers of people.What are the possible effects of a high unemployment rate on a country's economy?
- Suppose that the adult population is 6 million, the number of employed is 3.8 million, and the labor-force participation rate is 70%. What is the unemployment rate?The U-1 rate for April 2020 was 1.1%.The U-3 rate for April 2020 was 14 .7%. Based on the answers to the previous questions on the month of April 2020, what is the numerical difference between the U-1 measure of long-term unemployment, and the U-3 unemployment rate?Given the numbers in the table, what is the unemployment rate, in percent? (Assume everyone is included in one of the categories.) Round to one decimal place and do not enter the % sign. If your answer is 6.14%, enter 6.1. If your answer is 6.15%, enter 6.2. If appropriate, remember to enter the sign. Category Working Full Time Working Part Time Not Working, Searching for a job Not Working&Not searching for a job; <65 years old Not Working & Not Searching: Full Time Student 15 years old Not Working & Not Searching: Full Time Student 15 years old Not Working, Retired (not searching) 11.1 Number 350 50 50 30 80 20 100
- The population of Tavua is 24,214 people. There are 15,716 people who are currently working, and 941 people who qualify as unemployed. What is Tavua's unemployment rate? Put your answer in percentage form (e.g. 30.51 not 0.3051) and then round to two decimal places.Under what condition would an increase in the unemployment rate be a positive sign?What would happen to the measured unemployment rate if individuals who had previously left the labor force returned and began searching for a job?
