with solution handwritten reference given

formulas are also given

references: https://docs.google.com/document/u/0/d/1dfLmnRI3d2RmS5YMHW2xjEGNjxjoqH1jrT5r8792ubA/mobilebasic

UR = UR ER = ER LF LF - 15 yrs old 1 Employed (FPR = LF UDR = UDR - Unemployed - Willing & Able Act.Pop EX - Actively seeking for work UNEMPLOYMENT LF = EtVE EMPLOYMENT LF - Employed ADD ALL THAT ARE WORKING1. Suppose there are 96 m active adult population, 86.5 m are in the labor force, 3.3 m are of legal age and are students, 8.6 m are reentrants or job re-joiners, 2.7 m are discouraged workers and there are 1.2 m homemakers. With this in mind, calculate LFPR, ER and UR. _ a. During the next month, there are about 200 thousand entrants or job starters. The total employed persons is _and correspondingly the UR, ER and LFPR will be - and - 2. Let us assume that the current unemployment rate in Neverland is 5%, its labor force is 400 m, its labor force participation rate is 80% of its active adult population is 500 m people. How many are unemployed? . What will be the LFPR, ER and UR for Neverland? 3. Active adult population over the age of 15 Gainfully working 253.5 m Mental health facility 151.4 m entrants or job starters 1.3 m 7.7 m Stay at home dads and discouraged 1.4 m Calculate UR, ER and LFPR. a. Suppose after 2 months of searching for work, .8 million are hired and starts working and 200 thousand are advised to report for work 30 days after. What will be the LFPR, ER and UR? 4. The country Weatherland, has a total active adult population of 10 million, and of these 210 thousand are actively looking for a part time work to sustain their day-to-day expenses, 1.3 million are currently out of work and actively searching for employment. A further 2.9 million are homemakers, 100 thousand in a nursing home facility and 200 thousand fresh graduates sending application letters by mail or walk in. 6.2 million are happily ang gainfully employed in various offices. Finally, a total of 100 thousand citizens are currently enlisted with the Weatherland military. With these in mind, what will be the LFPR, ER and UR for Wetherland country. _ 5. The small coastal town of Surigao Del Sur, has a total population of 15 thousand, of whom 9 thousand are active adult aged 15 and above. The nearby State University is currently studying the town's labor force after recent allegations of unusual work patterns by the town's inhabitants. The university's labor economists found out that only 6 thousand of the town's inhabitants are currently employed, mostly at a small-medium enterprises. A further 2 thousand townspeople are reentrants or job re-joiners around the area and nearby places. Some 300 persons are classified as discouraged workers, 500 of legal age and studying and 200 are stay at home moms. Based on the finding, what is the current labor force participation rate and percentage out of the labor force?_ _. What about the ER and UR? _ _Actively and gainfully working 140 thou Active adult 200 thou In a mental institution 6 thou Pensioners 8 thou Reentrants or job re-joiners 30 thou Students 20 thou Homemakers 10 thou 1. Using the data posted above, Calculate LFPR, ER and UR. _ a. Suppose, that as a result of economic downturn due to pandemic 15 thousand workers lose their jobs and become discouraged. Using data above, calculate UR and ER. _ _ 2. In an economy, 42 million people are on the labor force, 38 million are employed, 500 thousand are military personnel, 47 million are of the working age population and 45 thousand are in various correctional facilities and center for mental health. How many are not in the labor force? _. Compute LFPR, ER and UR. _ 3. The total active population (aged 15 and older) of Pageland is 58 million. Of this total, 4.6 million are reentrants or job re-joiners, 100 thousand are in the bureau of correction, 300 thousand are in military service, 36 million currently hold jobs, and a total of 100 thousand students. Calculate LFPR, ER and UR of Pageland? _ a. Suppose, the 5 million workers become discouraged and give up looking for a job. Using data above, calculate the LFPR, ER and UR taking into account the discouraged workers. 4. The small coastal town of Agusan del Norte, has a total population of 25 thousand, of whom 18 thousand are active adult aged 15 and above. An NGO is currently studying the town's labor force after a recent report of unusual work patterns by the town's inhabitants. The survey found out that only 14 thousand of the town's inhabitants are currently employed, mostly at a small-medium enterprises. A further 3 thousand townspeople are classified as not working but currently searching for employment around the area and nearby places. Some 3 thousand individuals are classified as discouraged workers, while a thousand of legal age are stay at home moms and dads Based on the finding, what is the current labor force participation rate and percentage out of the labor force? _ _ What about the ER and UR? _ 5. In Pageland country, there are 85 m active adult population, 76.5 m are in the labor force, 7.3 m are of legal age and are students, 68.8 m are gainfully working, 2.7 m are discouraged workers and there are 1.2 m homemakers. Calculate LFPR, ER and UR. _ a. During the next 3 months, 300 thousand workers were hired and 200 thousand are advised to report for work after 30 days. The total employed persons is _and correspondingly the UR, ER and LFPR will be _ and_