1. When can you say that a particular person will be part of the Employed, Unemployed or Not in the Labor Force (pls include the exemptions)

2. COMPUTATION: SHOW YOUR SOLUTION WITH FORMULA!

GIVEN: UNEMPLOYMENT RATE = 87%

Total Population - 100M

35% of THE TOTAL Population are below 15 y.o

5% of WAP are full time students; *

2% of WAP are Senior Citizens Retirees

Plain Housewives is 10% of the WAP

of the employed 40% are underemployed

80% of the underemployed are invisible

Answer the ff:

1. # of Unemployed_______________________

2. Underemployed- visibly_______________________

3. Underemployed- invisibly_______________________

4. Total Underemployed_______________________

5. Labor Force_______________________

6. Labor Force Participation Rate________________

7. Employment Rate_________________________

8. Not in Labor Force ____________________

9. Not in LF rate___________________

10. Retirees_____________________________

11. Population below 15 y.o________________

12. Plain Housewives____________________

13. # of Employed______________________

14. Full Time Students______________________

15. WAP________________________

16. # of Employed that are not Underemployed______________________