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Consider the following data on employment and unemployment in a country for the year 2022: Total population: 10,000 Labour force: 6,000 Employed: 5,500 Unemployed: 500

Consider the following data on employment and unemployment in a country for the year 2022:


Total population: 10,000

Labour force: 6,000

Employed: 5,500

Unemployed: 500

Discouraged workers: 100

Not in the labour force: 4,000


  1. Calculate the labour force participation rate for the given year. 


  1. Calculate the unemployment rate for the given year. 

  2. Identify and define two types of unemployment that can be inferred from the given data.

  3. Calculate the discouraged worker rate for the given year.

  4. Discuss two possible reasons why discouraged workers exist and how they impact the overall labour market.

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Analysis of Employment and Unemployment Data 1 Labour Force Participation Rate LFPR LFPR Labour Force Total Population 100 LFPR 6000 10000 100 LFPR 60 ... blur-text-image

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