According to Statistics New Zealand, in the fourth quarter of 2014, the labor force was 2,394,000, employment

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According to Statistics New Zealand, in the fourth quarter of 2014, the labor force was 2,394,000, employment equaled 2,254,500, and working-age population was 2,984,600 in New Zealand.

Calculate the

a. Labor force participation rate.

b. Employment-to-population ratio.

c. Unemployment rate.

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Macroeconomics

ISBN: 125367

12th Global Edition

Authors: Michael Parkin

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Question Posted: Nov 05, 2024 04:00 AM

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According to Statistics New Zealand, in the fourth quarter of 2014, the labor force was 2,394,000, employment

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Macroeconomics

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