Downloading labor market data for the most recent month

Assignment Help Business Economics

Reference no: EM131244306

Ellen is downloading labor market data for the most recent month, but her connection is slow. So far this is all she has been able to get: Unemployment rate 5.0% Participation rate 62.5% Not in the labor force 60 million Find the labor force, the working-age population, the number of employed workers, and the number of unemployed workers. Instructions: Enter your responses as whole numbers. Labor force: million Working-age population: million Number of employed workers: million Number of unemployed workers: million

Reference no: EM131244306

Questions Cloud

Explain how the ebola deaths in sierra leone affected : Consider the 2014 Ebola outbreak in West Africa. In 2014 the Ebola virus outbreak in West Africa led to 11325 deaths. You are required to use both the models by Thomas Malthus to examine the impacts of the Ebola virus, that is the resulting impacts a..

About the utility maximization : If Sally initially consumed 4 units of x and 12 units of y, how much additional utility does she get from spending one (small fraction of a) dollar more on good x? How much additional utility does she get from spending one (small fraction of a) dolla..

Explain how each of the will affect the AD curve : Explain how each of the following will affect the AD curve (shift left, or right, or no shift), and identify in each case the specific component(s) of AD that is/are affected: (recall: components of AD are C, I, G, and NX).

Basket of goods and services that households consume : Imagine two economies. In one, economy A, technological improvements are rare, and the basket of goods and services that households consume is essentially unchanged from one year to the next.

Downloading labor market data for the most recent month : Ellen is downloading labor market data for the most recent month, but her connection is slow. So far this is all she has been able to get: Unemployment rate 5.0% Participation rate 62.5% Not in the labor force 60 million Find the labor force, the wor..

Provides data on prices and quantities of the three goods : The nation of Potchatoonie produces hockey pucks, cases of root beer, and sandals. The following table provides data on prices and quantities of the three goods in the years 2011 and 2014. Pucks Root beer Sandals Year Quantity Price Quantity Price Qu..

Measures of elasticity enhance our ability to study : Measures of elasticity enhance our ability to study the magnitudes of changes in quantities in response to changes in prices (or income). This is especially important for policy, where the effectiveness of a tax depends, in part, on the elasticity of..

Elasticity of demand magnitude of consumer response : Explain the relationship between the elasticity of demand, the magnitude of consumer response, and the amount of revenue collected by the tax.

Equivalent to in real terms : Given: CPI in 1988 = 116.9 and CPI in 2013 = 234.3. If the starting salary for a new MBA in 1988 was $48,000, what amount in 2013 would that be equivalent to in real terms?

User Account

All Pages