Consider the following data collected from a country. Leave all answers to 2 decimal places, if applicable.

Total population 1128

Population UNDER 15 years of age 191

Not in the labour force 377

Unemployed 36

Part-time workers looking for full-time jobs 26

(i) Calculate the unemployment rate

(ii) Now suppose 10 of the unemployed workers are so discouraged that they have given up looking for work.They decide to go back to school full-time. Calculate the new unemployment rate

(iii) Explain whether this statement is true or false: Low unemployment rates imply more people are working"