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3 years ago

Suppose the civilian non-institutionalized working age population is 35.9 million in Laborland.

Business

1 answer:

DanielleElmas [232]3 years ago

8 0

Answer: a. 24.05 million

b. 66.99%

c. 4.62 million

d. 19.21%

Explanation:

a. Total Labor force is the sum total of people who are employed and those who are actively looking for work. The Bureau of Labor Statistics defines actively looking for work as looking for work int he past 4 weeks.

= Part-time workers + full time workers + those who looked for work in the past 2 weeks + those who looked for work in the past 2 - 4 weeks

= 4.9 million + 14.53 million + 2.90 million + 1.72 million

= 24.05 million

b. labor force participation rate is the percentage of a country's non-institutionalized working age population that are actively looking for work. Its formula = $\frac{total labor force}{non-institutionalized working age population}$ X 100

Laborland's labor force participation rate (%) = $\frac{24.05 million }{35.9 million }$ X 100

= 66.99%

c. Unemployed People by the standards of the Bureau of Labor Statistics are the people who have looked for work in the past 4 weeks and are still employed. That is those who looked for work in the past 2 weeks + those who looked for work in the past 2 - 4 weeks.

= 2.90 million + 1.72 million

= 4.62 million

d. Unemployment rate is the percentage of the labor force that are actively looking for work and are still out of work.

Unemployment rate = $\frac{unemployed}{labor force}$ x 100

= $\frac{4.62 million}{ 24.05 million}$ x 100

=19.21%

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Answer:

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5,150 - (-1,350) = 6,500

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3 years ago

You have just applied for a 30year 100000 mortgage at a rate of 10%.what must be annual payment be?

Fittoniya [83]

Answer:

The correct answer is "$10,607.92".

Explanation:

Given:

Amount borrowed,

P = 100000

Interest rate,

r = 10%

or,

= 0.1

Time,

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Now,

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3 years ago

The Fun Tyme Toy Company discovers that one of its products can easily break, exposing children to potential injury from the sha

Novosadov [1.4K]

Answer:

A) 24 hours

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In this case, if a toy is potentially dangerous then the company must notify the CPSC within one business day and start the recall procedure immediately.

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frutty [35]

Answer:

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3 years ago

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Answer:

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