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F412:19 3A1908= . . . 88% owl.uwo.ca QUESTION 10 (10 marks) The following table gives data on characteristics of inhabitants in Anytown, U.S.A. Characteristic Number
F412:19 3A1908= . . . 88% owl.uwo.ca QUESTION 10 (10 marks) The following table gives data on characteristics of inhabitants in Anytown, U.S.A. Characteristic Number (in Thousands) of People Population 500 Population over age 16 400 Persons employed full-or part-time 200 Persons unemployed and actively seeking work 20 Persons who have quit seeking work due to lack of success 10 Part-time workers seeking full-time 30 jobs a. Identify the number of people employed, the number of people unemployed, and the number of people in the labour force. b. Calculate the labour force participation rate, the employment rate, and the labour force unemployment rate. Page 13 of 18
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