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Question 2 In a total population of 9.8 million people 22% are classified as not being of working-age. In the working-age population 55 percent as

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Question 2 In a total population of 9.8 million people 22% are classified as not being of working-age. In the working-age population 55 percent as classified as employed, 22 percent are classified as retired or in full-time education and 11 percent are classified as not seeking employment. For this population calculate: Instructions: Fill in the blanks rounding your answers to 2 decimal places . The unemployment rate is equal to %. The labour force participation rate is equal to %. Increase in taxes resulted in some bankruptcies, which led to 150,000 losing their jobs, half of whom started to look for a job whereas the other half did not look for a job. Calculate the changes (in percentage points). The change in unemployment rate is equal to %. The change in labour force participation rate is equal to Type here to search O 8 6 1> ENG O M N ART S DELETE EN F9 F10 INSERT F2 FS F6 FB Fu BACKSPACE LOCK A

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