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Stats Canada reported the following data for January, 2000: Labor force: 15, 537,700, Employment: 14, 339, 200, Working age Population: 24 137 100. The number
Stats Canada reported the following data for January, 2000: Labor force: 15, 537,700, Employment: 14, 339, 200, Working age Population: 24 137 100. The number of involuntary part-time workers is 800 000 Calculate: (i) The number of people not in the labor force (ii) The unemployment rate (iii) The labor force participation rate (iv) The employment-to-population rate (v) The Involuntary part-time rate
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