Question 5

Homework: Chapter 5 Homework Save Score: 0 of 1 pt 2 of 10 (2 complete) HW Score: 10%, 1 of 10 pts X 5.1 Study Plan Problem 2 (algo) Question Help The table gives information about the labour market in April 2017 in the economy of Sandy Island. Calculate for April 2017 Labour Market Data Number a. The unemployment rate In April 2017 b. The employment rate Employed 12,000 And calculate for the end of May 2017 Unemployed 1,000 c. The number of people unemployed, the number employed, and the unemployment rate Not in labour force 4,000 >>> Answer to 1 decimal place. During May 2017 In April 2017: Lost jobs and didn't look for new jobs 120 The unemployment rate is percent. Quit jobs and retired 20 Unemployed who were hired 150 Left the labour force 40 Entered the labour force to look for work 50 Enter your answer in the answer box and then click Check