Question

The table below contains some information about employment, labor force, and population levels in the United...

The table below contains some information about employment, labor force, and population levels in the United States at the turn of each decade.

Using the data, fill in the table.



Year



Total Employment
(millions)



Unemployment Rate
(percent)



Labor Force
Participation Rate
(percent)



Working-Age
Population
(millions)



1980



7.2



63.6



168.9



1990



6.3



66.4



190.0



2000



3.9



67.0



213.7


2010


138.4


64.8


236.8

Source: U.S. Department of Labor.

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
The table below contains some information about employment, labor force, and population levels in the United...
The table below contains some information about employment, labor force, and population levels in the United States at the turn of each decade. a. Using the data, fill in the table. b. Suppose the projection for the working-age population in the year 2020 for the United States is 265 million. If the unemployment rate and the labor force participation rate are the same in 2020 as they were in 2000, how much employment will there be? c. Using the same...
The age distribution of the population changes over time—in the United States, better health care (longer...
The age distribution of the population changes over time—in the United States, better health care (longer lives) and lower fertility (fewer kids) in recent years means that the proportion of people over age 16 is increasingly larger. At the same time, the labor force participation rate is likely to decline as baby boomers retire. Using the same method as in the previous problem, calculate total employment and the employment-to-population ratio based on the scenario in the table below. Year Unemployment...
The table below shows unemployment and labor force statistics for an economy. Actual rate of unemployment...
The table below shows unemployment and labor force statistics for an economy. Actual rate of unemployment 3% Natural rate of unemployment 4% Population of the country 125 million Number of people employed 97 million Number of people unemployed 3 million Number of people employed part time 5 million Number of people discouraged workers 2 million Calculate the size of the labor force. Calculate the labor force participation rate. Show your work. Given the state of the economy described in the...
Use the table below for questions 1-8 Total Count for 2013 (in millions) Population 175 Non-Working...
Use the table below for questions 1-8 Total Count for 2013 (in millions) Population 175 Non-Working Age Population 50 Working Age Population 125 Non-Labor Force Labor Force Employed 75 Unemployed 5 Frictional Unemployment 2 Structural Unemployment 4 1. What is the total count for individuals in the labor force? 2. What is the total count for individuals in the non-labor force? 3. What Is the employment rate? 4. What the labor force participation rate? 5. What is the unemployment rate?...
The table below presents labor market data for three countries. All population values are in millions....
The table below presents labor market data for three countries. All population values are in millions. Country Working-age population Labor force Employed Unemployed Unemployment rate (%) Labor-force participation rate (%) Japan 106 61 5 France 31 7 51.67 Germany 77 48 12.5 Instructions: For the last two columns, enter your responses as percentages rounded to one decimal place. Instructions: Round your answers for the working-age population, labor force, employed, and unemployed to the nearest whole number. a. Fill in the...
Assume you have the following information about an economy: Labor Force of an Economy Number of...
Assume you have the following information about an economy: Labor Force of an Economy Number of People (millions) Population over age 16 248.2 Labor force 156.0 Not in the labor force 92.2 Employed 146.4 Unemployed 9.6 Instructions: Round your answers to 2 decimal places. a. What is the unemployment rate in this economy?% b. What is the labor force participation rate? % c. Assume that 1 million discouraged workers decide to start looking for work again, thereby increasing the number...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT