8) Match the appropriate concept to the situation by placing the appropriate letter in the question mark ('2) column cell. (4 Marks) Types of unemployment Concept Situation A Structural - no need to cut grass in the winter in Canada n Cyclical - just graduated college and looking for rst full-time job --- looks like the recession will last longer than expected n-- seems as if the Al wave is making programmers obsolete 9) Use the data from Statistics Canada table below to calculate the unemployment and labour force participation rates below. Show all calculation steps including the formula as no marks will be given for just a number. (2+2 marks) Population 15 years and over 28,6412 Labour force 19,0318 Employed 17,691.1 Full time 14,3142 Part tlme 3,376.9 Unemployed 1,346.? Not in the labour force 9,609.4 http'flwwwstalcan.ggcaltables-tablemixfsumvsomllmlest01feon10eng.htm i) Unemployment rate ii) Labour force particigation rate I 10) If the natural rate of unemployment is 5% and the current rate of unemployment as measured by Statistics Canada is 7%, economists would say that the real unemployment rate is III 0% III 2% El 5% El 7% El I don't know (check one) based on cyclical unemployment concept. (2 marks)