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Size of civilian population: 30 M Number of employed: 15 M Number of unemployed: 0.5 M (i) What is the size of this country's labour

Size of civilian population: 30 M Number of employed: 15 M Number of unemployed: 0.5 M

  1. (i) What is the size of this country's labour force? 2 marks
  2. (ii) Calculate the participation rate in the country. 2 marks
  3. (iii) Calculate the rate of unemployment. 2 marks
  4. (iv) How is the level of unemployment measured in an economy, and what are the difficulties which are likely to be encountered while doing so? [4 marks]

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