Given the following information: SDHHU- lie, The working age population of is ?0(}. anm The number ofemplcyed persons in d is 430. found I 1|
Given the following information: SDHHU- lie, The working age population of is ?0(}. anm The number ofemplcyed persons in d is 430. found I 1| (_ The total labor force in is 455. 1. How many people are unemployed? (2 points) 2. What is the unemployment rate? (3 points) (Round to 2 decimal places X.xx%) 3. What is the labor force participation rate? (3 points) (Round to 2 decimal places X.xx%) 4. Bob worked for pay last week for a total of 10 hours. He is looking for full time employment, so he is only employed 25%. Is Bob counted as employed, unemployed or neither as calculated by the U.S. BLS? (2 points) 5. 6 people, who had been counted as unemployed in the above table, have decided to not work for the next 9 months :unv m while they attend classes at College. What is the new unemployment rate in d that results 'om their decision? (3 points) (Round to 2 decimal places Xxx" o) In addition to the 6 people in it 5 above: Tatum. we, 6. In there are 5 citizens that are scn-ing in the armed forces on active duty. If they were counted in the working age population, what would the labor force participation rate be? (3 points) (Round to 2 decimal places X.xx%) 7. And the employment rate? (2 points) (Round to 2 decimal places X.xx%)
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