Question
Consider the following data for the labor market of Tampa, contained in the table below: Number of People Population 100 Number of People Employed 60
- Consider the following data for the labor market of Tampa, contained in the table below:
Number of People | |
Population | 100 |
Number of People Employed | 60 |
Part-time Workers who want Full-Time Job | 15 |
Discouraged Workers | 5 |
Working Age Population | 90 |
Number of People Unemployed | 20 |
- Calculate the unemployment rate for Tamp
- Calculate the employment-to-population ratio.
- Calculate the labor force participation rate.
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Marketing Management
Authors: Mark Johnston, Greg Marshall
3rd edition
1259637158, 978-1259637155
