Suppose there are 10 million employed people and 0.8 million unemployed people. There are 5 million people who are not in the labour force. During the next month, 0.15 million people lose their jobs and 0.1 million of the unemployed find new jobs before the new entrants to the labour force. There are 0.5 million new entrants to the labour force (who started to look for work actively) from the category of the not-in labour force. (Assume there are no changes in the working-age population.)

a.What is the new total of unemployed persons?

b.What is the new total of employed persons?

c.What is the size of the new labour force?

d.What is the new unemployment rate?

e.What is the new labour force participation rate?