3. The table below contains the unemployment rate (UR) for selected provinces and Canada in April 2021. (CA = Canada, NL = Newfoundland and Labrador, PE = Prince Edward Island, NS = Nova Scotia, and NB = New Brunswick). Time period is April 2021, and the data is seasonally adjusted. 8) CA NL PE NS NB UR 8.1 13.9 8.2 8.1 8.5 Graph the data in the table. What type of graph did you use to display this information? What is the value of this information? What other data might you want to see before assessing the labour market performance of the provinces. Does the fact that the data is seasonally adjusted matter? Why or why not? 4. Employment Insurance (Unemployment Insurance in the United States) provides a temporary income support to people who have lost theirjob through no fault oftheir own (they did not quit theirjob, or they were not fired from theirjob). The program provides support by giving a percentage of their weekly earnings up to a maximum while they are searching for a new job. This support will last for a maximum period. Benefits will lower the cost of unemployment to the job seeker and extend the duration of unemployment. What is the cost of longer unemployment? Benefits will lower the cost of unemployment to the job seeker and extend the duration of unemployment. What is the benefit of longer unemployment? In the United States, unemployment insurance is not portable to other states, while it is portable to other provinces in Canada. What is the benefit of allowingjob seekers to go to other labour markets to seek work with El? The maximum duration of El or UI benefits is dependent upon the unemployment rate in the job seekers labour market. Why does this make sense? If El benefits allow the recipient to travel to seek employment how will a relatively high unemployment affect EI recipients in that area