Statistics Canada reported the following data for June 2011: Labour force: 19,021,600 Employment: 17,693,300 Working-age population: 27,975,700
Question:
Labour force: 19,021,600
Employment: 17,693,300
Working-age population: 27,975,700
Calculate the
a. Unemployment rate.
b. Labour force participation rate.
c. Employment-to-population ratio.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 42% (21 reviews)
a The unemployment rate is 69 percent The unemployment rate is the percentage of the labour force th...View the full answer
Answered By
Vikash Gupta
I am graduated in Physics in 2018, from KIRORIMAL COLLEGE, University of Delhi. Now I am persuing Master's degree in physics. I like to do physics problems. I have experience of 1 year in tutoring. I think Physics is the only subject where you understand things,how they are happening . In physics you learn Maths and apply it. So I would like to join your platform to solve many Physics problems.
5.00+
5+ Reviews
10+ Question Solved
Related Book For
Macroeconomics Canada in the Global Environment
ISBN: 978-0321778109
8th edition
Authors: Michael Parkin, Robin Bade
Question Posted:
Students also viewed these Economics questions
-
The Statistics Canada reported the following data for June 2011: Labour force participation rate: 68 percent Working-age population: 27,975,700 Employment-to-population ratio: 63.2 a. Labour force....
-
Statistics Canada reported the following data for Ontario in May and June in 2011: The unemployment rate fell from 8.3 percent to 7.6 percent. The employment-to-population ratio increased from 62.2...
-
Statistics Canada reported that in July 2000, the Canadian labor force was 15.95 million, Canadian employment was 14.87 million, and the Canadian working-age population was 24.31 million. Calculate...
-
Product Strategy Duff has always followed a level production strategy because Duff prefers not to fire and hire employees. Management is open to change if there is enough of a cost benefit for the...
-
Cloutier Foods produces a specialty brownie that is sold to hotel chains by the case for $55 per case. For the upcoming quarter, Cloutier Foods is projecting the following sales: The budgeted cost of...
-
What are the three categories of cash flows to be reported on the SCF?
-
Why is the statement of cash fl ows useful? LO11
-
Faune Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent quarter are: (a) Determine the company's sales mix. (b)...
-
The spot price of ExxonMobil is R100 with a dividend yield of 3% and the 206 days Treasury bill rate is 6% (continuous compounding). The initial margin required for Exxon mobile futures is at 10% of...
-
For the following state, calculate the principal normal stress 1. Write the units in MPa. Type the units in the numeric entry. Use the corresponding capital letters. Type a space between the number...
-
What determines if a person is in the labour force?
-
Are the 5 million workers who cannot find jobs because of mismatching in the labour market counted as part of the economys structural unemployment or part of its cyclical unemployment?
-
General Mills Corporation had sales of almost $8 billion in fiscal year 2002 from Betty Crocker, Pillsbury, Wheaties, Cheerios, Pop Secret popcorn, and other products. The company reported total...
-
Dr. Burgess oversees the pharmacy center within Hughes Regional Hospital. Dr. Burgess is planning on purchasing two medication dispensing units which she wants to pay back in a short-term period. The...
-
On January 1, 2021, Wetick Optometrists leased diagnostic equipment from Southern Corp., which had purchased the equipment at a cost of $1,831,401. The lease agreement specifies six annual payments...
-
Prevosti Farms and Sugarhouse pays its employees according to their job classification. The following employees make up Sugarhouse's staff: Employee Whatis late and Address Payroll information A -...
-
Image caption
-
Jamie Lee and Ross, now 57 and still very active, have plenty of time on their hands now that the triplets are away at college. They both realized that time has just flown by, over twenty-four years...
-
In a 1-step binomial model, compute the risk-neutral probabilities for some \(\Delta A\) when (a) \(A_{u, d}=A_{0} \pm \Delta A\) (b) \(A_{u, d}=F_{A}(0, T) \pm \Delta A\)
-
Shreemaya Hotel in !adore was facing a problem of low demand for its rooms due to off season. The Managing Director (MD) of the hotel, Mrs. Sakina was very worried. She called upon the Marketing...
-
Assume that a primary care physician practice performs only physical examinations. However, there are three levels of examinationI, II, and IIIthat vary in depth and complexity. A RVU analysis...
-
What is a consumption function, and why is it a useful device for government economists planning a tax cut?
-
Explain why permanent tax cuts are likely to lead to bigger increases in consumer spending than temporary tax cuts do.
-
In 2001 and again in 2003, Congress enacted changes in the tax law designed to promote saving. If such saving incentives had been successful, how would the consumption function have shifted?
-
Compute the value of ordinary bonds under the following circumstances assuming that the coupon rate is 0.06:(either the correct formula(s) or the correct key strokes must be shown here to receive...
-
A tax-exempt municipal bond has a yield to maturity of 3.92%. An investor, who has a marginal tax rate of 40.00%, would prefer and an otherwise identical taxable corporate bond if it had a yield to...
-
Please note, kindly no handwriting. Q. Suppose a 3 year bond with a 6% coupon rate that was purchased for $760 and had a promised yield of 8%. Suppose that interest rates increased and the price of...
Study smarter with the SolutionInn App