Q1 (i) Many traditional taxi drivers have lost their jobs or working hours due to the entry of Uber taxi system especially at the international air ports in Canada. Some drivers who have almost reached the retiring age find it difficult to cope with the latest technology used by the Uber network. What is the most likely type of unemployment in this scenario? Why?2 marks

(ii) The unemployment rate in an economy is 7%. The labour force is 70 million. Find the number of unemployed and employed persons.