Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Review the table below: Based on the information provided for year 2016: 5 Marks Canada's Labour Force Information thousands (except rates) 15 years and over,

  1. Review the table below: Based on the information provided for year 2016: 5 Marks

Canada's Labour

Force Information

thousands (except rates)
15 years and over, both sexes Year 2016
Population 29,662
Labour force ?
Employment 18,116
Full-time employment 14,628
Part-time employment ?
Unemployment 1,363
Participation rate - % 65.7
Unemployment rate - % ?
Employment rate - % ?

Calculate the following (Show all steps to get marks): 1 Mark each!

  1. What was the size of Canada's labour force?
  2. What was the employment rate?
  3. What was the unemployment rate?
  4. How many were "Not in the labour force".
  5. How many were employed part-time

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

College Accounting Chapters 1-12

Authors: David D Busch, Tracie Nobles

11th Edition

1133710190, 978-1133710196

More Books

Students also viewed these Economics questions