a. The following table shows some labour characteristics for a su b-group of the Canadian population in 1980. 1988. 200? and 2009 {Statistics Canada. Tables'I-tlr104028101}. The columns are the population of that subgroups (Pop), the labour force {LP}, the employment (E). the unemploymentsw}, the unemployment rate {U R}, the participation rate {PR} and the employment rate [ER]. The first four columns are in thousands of individuals and the last three in percentage. Fill the empty cells. Round your answers to the nearest rst decimal using the same measurement units. Labour characteristics for a subgroup of the Canadian population in 1980. 1933. 200? and 2009 {Statistics Canada. Table 1440 0237-01) Year Pop LF E u UR PR ER 1990 1093 357 339 1a :50 I I 32.5 I I 30.9 1933 1216 419 393 26 5.205 34.45? 32.319 2007 1919 IWI ILI 49 4.309 ITI I 911$ 2009 :WI 114? I1oa1_o I I $119? I I 911$ I 56.061 52.835 b. Using the above table. what is the new unemployment rate in 1988 if 20 thousand unemployed workers stop looking for a job?I Express your answer in percentage rounded to the nearest rst clecimal. ll? c. Using the above table. suppose that the 1.5% of the labour force become unemployed every month in 1988. what is the approximated duration of unemployment on average in months? Round your answer to the nearest rst decimal. 911$ The following question has 5 parts [a.e.}, parts b. to e. will be revealed after submitting your answer by hitting "Verify" on the preceding sections. Suppose the labour force of an economy is equal to 1.000 and the unemployment on December 2010 is 0. Then. suppose that in january 2011 and every month that follows, 58 workers become unemployed for 1 month, 24 become unemployed for 2 months. 13 become unemployed for 3 months and 14 become unemployed for 'I 3 months. a. when will the economy reach its steady state? Month: December ' 0 IEWEPE'F = January Year: 2011 - 0 IEEEfF: 2012 b. At the steady state. what is the unemployment rate? Express your answer in percentage rounded to the nearest rst decimal. m9 0 IEEE'F: 32- T c. At the steady state. what is the incidence? Express your answer in percentage rounded to the nearest rst decimal. 0 IEEEiE'F: 10. 9 d. At the steady state. what is the average duration {in months]? Express your answer rounded to the nearest rst decimal. 0 IEE'PF: 3 e. At the steady state. what is the proportion of unemployed workers in each duration group [1 month, 2 month, 3 months and 13 months]? Express your answers in percentage rounded to the nearest rst decimal. 1 month: 0 Ei: 11.? 2 month: 0 IEEiiF: 14-? 3 month: 0 EE'PF: 11.9 13 month: 0 IEEEi'F: 55. T