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cyansheep75Lv1
28 Sep 2019
Hi! I'm working on the following problem and would like some help.
Population: 200,000,000
Number of people working one job: 80,000,000
Number of people working two jobs: 12,000,000
Number of people working less than full-time but who would prefer full-time work: 5,000,000
Number of people working part-time and content with hours they have: 4,000,000
Number of people not working but actively seeking work: 9,000,000
Number of discouraged workers: 500,000
1. What is the unemployment rate in this economy?
2. What is the participation rate in this economy?
3. Is this economy in a recession?
Hi! I'm working on the following problem and would like some help.
Population: 200,000,000
Number of people working one job: 80,000,000
Number of people working two jobs: 12,000,000
Number of people working less than full-time but who would prefer full-time work: 5,000,000
Number of people working part-time and content with hours they have: 4,000,000
Number of people not working but actively seeking work: 9,000,000
Number of discouraged workers: 500,000
1. What is the unemployment rate in this economy?
2. What is the participation rate in this economy?
3. Is this economy in a recession?
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answer
0
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Joshua StredderLv10
28 Sep 2019