Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 26, 2024

Labour Market Data Labour force participation rate 66 percent Working age population 234million Employment-to-population ratio 62.2 The table shows the data for 2008 reported by

Labour Market Data

Labour force participation rate 66 percent

Working age population 234million

Employment-to-population ratio 62.2

The table shows the data for 2008 reported by U.S. Bureau of labour statistics.

Calculate the lobour force, employment and the unemployment rate.

The labour force is _____? million.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Economics

Authors: Campbell McConnell, Stanley Brue, Sean Flynn

21st Edition

1259723224, 9781259723223

More Books

Students also viewed these Economics questions

Question

★★★★★

Let R be a commutative ring with unity u. a) For any (fixed) a R, prove that aR = {ar| r R] is an ideal of R. b) If the only ideals of R are {z} and R, prove that R is a field.

Answered: 1 week ago

Question

★★★★★

Based on what you read here, on ALDIs website, and on an Internet search for the company, what do think about its approach to satisfying customer needs?

Answered: 1 week ago

Question

★★★★★

2. Have students do projects, organize portfolios of their work, make oral presentations, or create a finished product.

Answered: 1 week ago

Question

★★★★★

Given below is a list of account balances for Currie Hospital as of December 31, 2004. Prepare a balance sheet as of December 31, 2004, in good form. AccountBalance Gross plant & equipment...

Answered: 1 week ago

Question

★★★★★

The ledger of Hasgrove Company has the following work in process account. Work in Process-Painting Balance 3,770 3/31 Transferred out 3/1 ? 3/31 Materials 6,600 2,800 3/31 Labor 3/31 Overhead 872...

Answered: 1 week ago

Question

★★★★★

Problem 5 A partnership held three assets: Cash $59,000 Land. $ 45000 building. $ 64000 And Liabilities $ 30,000 The partners decided to dissolve the business and anticipated that expenses required...

Answered: 1 week ago

Question

★★★★★

Question This Assessment requires students to find an Employment Law Case, and then to provide a report on the case submitted. Please note that I have allowed for freedom of choice i.e., students may...

Answered: 1 week ago

Question

★★★★★

You are replacing the rear lower control arm on a Mitsubishi Pajero and require the torque specifications for the mounting bolts and what condition the vehicle should be in when tightening the bolts....

Answered: 1 week ago

Question

★★★★★

National Motors Corporation is planning to issue bonds with a face value of $256,500 and a coupon rate of 5 percent. The bonds mature in 7 years and pay interest semiannually every June 30 and...

Answered: 1 week ago

Question

★★★★★

=) =) How much will ABC Holdings receives from its exports if it hedges with a forward contract. How much will ABC Corporation pay in domestic currency for its imports if it hedges with a orward...

Answered: 1 week ago

Question

★★★★★

A farmer went to a market and purchased a wolf, a goat, and a cabbage. On his way home, the farmer came to the bank of a river and rented a boat. But crossing the river by boat, the farmer could...

Answered: 1 week ago

Question

★★★★★

How should an analyst determine the risk-free rate that is to be used in any particular valuation assignment?Should the length of the forecast period affect the selection of a rate? Please provide a...

Answered: 1 week ago

Question

★★★★★

4. What is the goal of the others in the network?

Answered: 1 week ago

Question

★★★★★

2. What we can learn from the past

Answered: 1 week ago

Question

★★★★★

17. In a communication context (choose which one), put plus (+) for the areas you find easy to perform and minus (-) for the areas you find difficult to perform. a. to present something to a larger...

Answered: 1 week ago

Previous Question Next Question