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question 86

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Answer the questions below:
(A)Fill in the table below showing how many people were employed at the midpoint of each decade. Answer the questions below:  (A)Fill in the table below showing how many people were employed at the midpoint of each decade.    (B)Suppose the projection for the working-age population in the year 2005 is 153 million. If the unemployment rate and the labor force participation rate are the same in 2005 as they are in 1995, how much employment will there be? (C)Using the same projection of 153 million for working-age population in 2005, calculate the employment with an unemployment rate of 7.2 percent and a labor force participation rate of 60 percent. Do the same for a labor force participation rate of 70 percent. Which of these estimates do you think is more realistic? Why?
(B)Suppose the projection for the working-age population in the year 2005 is 153 million. If the unemployment rate and the labor force participation rate are the same in 2005 as they are in 1995, how much employment will there be?
(C)Using the same projection of 153 million for working-age population in 2005, calculate the employment with an unemployment rate of 7.2 percent and a labor force participation rate of 60 percent. Do the same for a labor force participation rate of 70 percent. Which of these estimates do you think is more realistic? Why?


Definitions:

Unmarried Teenage Mothers

Teenage girls who become mothers while not being legally married.

Vocalizations

The act of producing sound or voice through the movement of the vocal cords, an essential form of communication in humans and other species.

Developmental Needs

Refers to the requirements necessary for the physical, emotional, cognitive, and social growth of individuals at various stages of their lives.

Controlling Parenting

A parenting style characterized by high demands and low responsiveness, where parents dictate many aspects of their children's lives.

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