Try another version of these questions Consider the following labor statistics for the adult population (age 16 and older) in the US displayed in the table below (all numbers in millions). Using the data above calculate Labor Force for the US. million Hint Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Consider the following labor statistics for adult population (age 16 and older) in Mexico displayed in the table below (all numbers in millions). Using the data above calculate unemployment rate for Mexico. million Hint Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Consider the following labor statistics for adult population (age 16 and older) in Norway displayed in the table below (all numbers in millions). Using the data above calculate adult population for Norway. million Hint Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Consider the following labor statistics for adult population (age 16 and older) in Norway displayed in the table below (all numbers in millions). Using the data above calculate labor force participation rate for Norway. Hint Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Consider the following labor statistics for adult population (age 16 and older) in China displayed in the table below (all numbers in millions). 1. Using data above, calculate unemployment rate for China.
Hint 2. Supposed that 1 million workers become discouraged and give up looking for a job. Using data above, calculate the new unemployment rate taking into account the discouraged workers.
Hint 3. What has happened to the unemployment rate as a result of people who have given up and stopped looking for a job? Hint Box 1: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 2^3, 5+4) Box 2: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 2^3, 5+4) Box 3: Select the best answer Consider the following labor statistics for adult population (age 16 and older) in Norway displayed in the table below (all numbers in millions). 1. Using data above, calculate the unemployment rate for Norway.
Hint 2. Supposed that as a result of economic downturn 3 million workers become demoted and their status changes from full-time to part-time workers. Using data above, calculate new unemployment rate taking into account these newly created part-time workers.
Hint 3. What has happened to the unemployment rate as a result of people being changed from full-time to part-time workers? Hint Box 1: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 2^3, 5+4) Box 2: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 2^3, 5+4) Box 3: Select the best answerEmployed 150 Unemployed 17 Not in Labor Force 95
Enter DNE for Does Not Exist, oo for InfinityEmployed 140 Unemployed 14 Not in Labor Force 85
Enter DNE for Does Not Exist, oo for InfinityEmployed 120 Unemployed 11 Not in Labor Force 85
Enter DNE for Does Not Exist, oo for InfinityEmployed 150 Unemployed 7 Not in Labor Force 95
Enter DNE for Does Not Exist, oo for InfinityEmployed 150 Unemployed 7 Not in Labor Force 95
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for InfinityEmployed 100 Unemployed 17 Not in Labor Force 85
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity