How do national statistical offices compute the labour force, the unemployment rate and the labour force participation

Question:

How do national statistical offices compute the labour force, the unemployment rate and the labour force participation rate?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Economics

ISBN: 9781473768543

5th Edition

Authors: Gregory Mankiw, Mark P. Taylor

See More Books

Question Posted: Apr 26, 2024 02:01 AM

See More Questions

The accompanying table provides data on the size of the labour force and the number of unemployed workers for the provinces and territories of Canada. a. Calculate the number of workers employed in...
Your company is considering establishing a manufacturing operation in Bangladesh in order to take advantage of the lower costs of production there. The options being considered are setting up a...
This assignment assesses the following module learning outcomes:Use appropriate tools, technologies, techniques and methods in engaging with the process of business systems specification, development...
Classify the following as microeconomics or macroeconomics and provide a justification for your choice. (i) The effect of changes in household saving rates on the growth rate of national income. (ii)...
Franklin Department Stores' chief executive officer (CEO) has asked you to compare the company's profit performance and financial position with the average for the industry. The CEO has given you the...
The audit senior has asked you to perform analytical procedures to estimate the reasonableness of recorded depreciation expense of a manufacturing client. The client has seven different classes of...
3. A fund used to account for all financial resources except those required to be accounted for in another fund.
Consider the following two-country model of the market for spinach. All producers and consumers take the price of spinach as given. Home's supply curve for spinach is given by SH = 5 + P, where sH is...
Sunland Company has recorded the following items in its financial records. Cash in bank $54,700 Cash in plant expansion fund 111,000 Cash on hand 14,500 Highly liquid investments 38,500 Petty cash...
Why, according to Marx, does capitalism need a reserve army of the unemployed?
Why might a person who does not have a job not be unemployed?
Research the correlations that have helped researchers understand lead poisoning. Discuss efforts to prevent it. Include discussion of the causes and effects of the lead poisoning that occurred in...
Name and define the more common constraints in any given project.
Graph the function f(x)=-x+4x-20 State where f(x) is increasing and decreasing. State any absolute extrema (if they exist). Determine the Domain and Range.
A residential wiring circuit is shown in the figure. In thismodel, the resistor R 3 is used to model a 250 V appliance(such as an electric range), and the resistors R 1 and R 2 are used to model 125...
1. The speed limit on some interstate highways is roughly 100 km/h. (a) What is this in meters per second? (b) How many miles per hour is this? 2. A car is traveling at a speed of 33 m/s. (a) What is...
Questions 33 and 34 are based on the following information: Bilog Company's budgeted fixed overhead costs are P50,000 and mthe variable factory overhead rate is P4 per direct labor hour. The standard...
What is a target market? Why is it important for a firm to choose its target market early in the process of launching its venture?
Explain the term "Equivalent Units". Why are they calculated in process costing? [4 Marks] [minimum 350 words]
Break-Even Sales and Sales to Realize Income from Operations For the current year ending October 31, Yentling Company expects fixed costs of $537,600, a unit variable cost of $50, and a unit selling...
You buy a stock for $35 per share. One year later you receive a dividend of $3.50 per share and sell the stock for $30 per share. What is your total rate of return on this investment? What is your...
Filippucci Company used a budgeted indirect-cost rate for its manufacturing operations, the amount allocated ($200,000) is different from the actual amount incurred ($225,000). Ending balances in the...

How do national statistical offices compute the labour force, the unemployment rate and the labour force participation

Question:

Step by Step Answer:

Answer National statistical offices typically use survey data to compute the labor force unemploymen...View the full answer

Economics

Students also viewed these Business questions