Below are some employment data from the country Commagene. 2018 2019 2020 Number of Employed Number of Unemployed Number of Out of Labor Force Unemployment rate Labor Force Participation rate 99 110 63 30 70 330 217 30% W y 50% a) Using the information given in the table for year 2018, find the values of x and y. b) Using the information given in the table for year 2019, find the values of z and w. c) Using the information given in the table for year 2020, find the values of p and r.
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- Create a table with the National Unemployment rates from February 2020 through October 2020. Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2020 3.5 3.5 4.4 14.7 13.2 11.0 10.2 8.4 7.9 6.9 6.7 6.7 What trend(s) do you observe? Next, review the employment situation summaries from March 2020 and October 2020.The table below represents the monthly unemployment rates in the US from January of 2005 through May of 2016. Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2005 5.3% 5.4% 5.2% 5.2% 5.1% 5.0% 5.0% 4.9% 5.0% 5.0% 5.0% 4.9% 2006 4.7% 4.8% 4.7% 4.7% 4.6% 4.6% 4.7% 4.7% 4.5% 4.4% 4.5% 4.4% 2007 4.6% 4.5% 4.4% 4.5% 4.4% 4.6% 4.7% 4.6% 4.7% 4.7% 4.7% 5.0% 2008 5.0% 4.9% 5.1% 5.0% 5.4% 5.6% 5.8% 6.1% 6.1% 6.5% 6.8% 7.3% 2009 7.8% 8.3% 8.7% 9.0% 9.4% 9.5% 9.5% 9.6% 9.8% 10.0% 9.9% 9.9% 2010 9.7% 9.8% 9.9% 9.9% 9.6% 9.4% 9.5% 9.5% 9.5% 9.5% 9.8% 9.4% 2011 9.1% 9.0% 9.0% 9.1% 9.0% 9.1% 9.0% 9.0% 9.0% 8.8% 8.6% 8.5% 2012 8.2% 8.3% 8.2% 8.2% 8.2% 8.2% 8.2% 8.1% 7.8% 7.8% 7.8% 7.9% 2013 7.9% 7.7% 7.5% 7.5% 7.5% 7.5% 7.3% 7.2%…b) Repeat the exercise undertaken in 4(a), but this time for those aged 18–24. Male Female Total In employment (000s) 1 826 1 700 ILO unemployed (000s) 234 Total economically active (000s) 1 873 Percentage unemployed (%) 10.3 (c) Calculate the percentage point differences for the first quarter of 2018 in the following: (i) The overall (aged 16 and over) male and female unemployment rate (ii) 18–24 and overall male unemployment rates iii) 18–24 and overall female unemployment rates (iv) 18–24 and overall total unemployment rates
- Describe in detail the household survey of unemployment and, in the context of the survey, explain what is meant the terms below and give the number or rate of each based on the table below for the following dates-- December 2007; June 2009; and February 2020, Arpil 2020, May 2020, and January 2021: the unemployment rate the labor force participation rate if the answer for '2' in December 2007 were the same as in February 2020 and the number of employed in February 2020 remained the same at 158,759,000, how many people would be unemployed in February 2020 and what, therefore, would the unemployment rate be in February 2020? December 2007 June 2009 February 2020 April 2020 May 2020 January 2021 Civilian noninstitutional population >16 233,290,000 235,695,000 259,835,000 260,045,000 260,197,000 260,849,000 Civilian labor force 153,918,000 154,730,000 165,546,000 137,224,000 156,481,000 160,161,000 Employed…Question 4Monthly Unemployment 2014 – 2015Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2014 6.6 6.7 6.7 6.2 6.2 6.1 6.2 6.2 6.0 5.7 5.8 5.62015 5.7 5.5 5.5 5.4 5.5 5.3 5.3 5.1 5.1 5.0 5.0 5.0Monthly Inflation Rate 2014 – 2015Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2014 1.6 1.6 1.7 1.8 2.0 1.9 1.9 1.7 1.7 1.8 1.7 1.62015 1.6 1.7 1.8 1.8 1.7 1.8 1.8 1.8 1.9 1.9 2.0 2.1Examine the monthly data on the unemployment rate and the inflation rate for 2014-2015i) What trends do you observe in the unemployment rate? In the inflation rate?ii) Identify the relationship between Inflation and Unemployment, if any. (positive, negative, no relationship) Use the data to justify your choice.iii) Does the relationship observed in part 2 satisfy the economists' view of the relationship between…1) Consider the following labour market data.Adult Population 150Not in Labour Force 50Unemployed 30Calculate the number of employed, the labour force, the percentage of people not in the labour force, the rate ofunemployment, and the labour force participation rate.
- Table below provide the data of labour force, employment and working age population of UAE of the last two years Labour Force Employment (thousands) Population (millions) Year (thousands) 2018 9343 8618 18.73 2019 9470 8785 18.95 Find the followings from the given data: 1. Unemployment rate for 2018 and 2019 2. Labour force participation rate for 2018 and 2019 3. Growth rate of labour force (%) 4. Growth rate of unemployment (%)Prepare a table and line graph comparing the unemployment rate for 2000-2019 data for Dominican republic and Barbados. Dominican republic data Year Unemployment Rate (%) Annual Change 2021 8.50% 2.37% 2020 6.13% -0.23% 2019 6.36% 0.50% 2018 5.86% 0.03% 2017 5.83% -1.45% 2016 7.28% -0.33% 2015 7.61% 0.89% 2014 6.72% -0.63% 2013 7.35% 0.63% 2012 6.72% 0.63% 2011 6.09% 0.88% 2010 5.21% -0.26% 2009 5.47% 0.71% 2008 4.76% -0.40% 2007 5.16% -0.49% 2006 5.65% -0.94% 2005 6.59% 0.29% 2004 6.30% -0.64% 2003 6.94% 0.16% 2002 6.78% -0.48% 2001 7.26% 0.83% 2000 6.43% 0.04% Barbados data Year Unemployment Rate (%) Annual Change 2021 10.41% 0.04% 2020 10.38% 1.97% 2019 8.41% 0.09% 2018 8.32% -0.30% 2017 8.62% 0.37% 2016 8.25% -1.55% 2015 9.80% -2.37% 2014 12.17% 0.62% 2013 11.55% -0.04% 2012 11.59% 0.40% 2011 11.19% 0.50% 2010 10.69% 0.67% 2009 10.02% 1.90% 2008 8.12% 0.71% 2007 7.41% -1.32% 2006 8.73% -0.35%…Using the following population and employment data for the United States (2000-2019), answer three questions. Year 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Total Population Labor Force (in (in thousands) thousands) 282,434 142,583 285,545 288,600 291,049 293,708 296,639 299,801 302,045 304,906 307,007 309,438 311,663 313,998 316,205 318,563 320,897 323,127 325,085 327,096 329,065 % 143,734 144,863 146,510 149,401 149,320 151,428 153,124 154,287 154,142 153,889 153,617 154,995 155,389 155,922 157,130 159,187 160,320 162,075 163,539 % Unemployment (in thousands) 5,692 6,801 8,378 8,774 8,149 7,591 7,001 7,078 8,924 14,265 14,825 13,747 12,506 11,460 9,617 Instructions: Enter your responses as a percentage rounded to one decimal place. In 2019, a. what percentage of the labor force was employed? 8,296 7,751 6,982 6,314 6,001 b. what percentage of the labor force was unemployed? c. what percentage of the total population was…
- Data Analysis - Economic Growth and Unemployment [1 Question] Year 2010201120122013 2014 2015 Economic 2.7 1.7 1.3 2.7 2.5 1.9 Growth (%) Unemployment9.6 8.9 8.1 (%) 7.4 6.2 5.3 Examine the data on the economic growth and unemployment rate for 2010-2015 i) What trends do you observe In the unemployment rate? In economic growth? ii) Identify the relationship between Economic Growth and Unemployment, if any. (positive, negative, no relationship) Use the data to justify your choice. i) Does the relationship observed in part 2 satisfy the economists' view of the relationship between economic growth and unemployment? Use references to support your answer.Calculate the change in the share of employment by education levels between January 1992 and January 2017. Include a negative sign to indicate a decrease. Round answers to one place after the decimal. 1)Less than a high school diploma__________percentage points 2)High school diploma only_________percentage points 3)Some college_________percentage points 4)College graduate_________percentage pointsUNEMPLOYMENT RATE, 2019 (percent) 40 36 32 28 24 20 16 12 4 27 Adult males 5.4 White Black 3.8 Hispanic b. were employed? Adult females 4.7 2.8 White Black 47 Hispanic 11.5 White Teenagers 20.7 Black 14.5 Hispanic 3.7 National average Instructions: Enter your responses as a whole number. In 2019, how many of the 14,000,000 adult Hispanic males who participated in the labor market a. were unemployed? c. would have been employed if they had the same unemployment rate as adult white males?