Use the Following Data to Calculate: (A) the Size of the Labour

question 33

Essay

Use the following data to calculate: (a) the size of the labour force and (b) the official unemployment rate.Total population 1,500; population under age 15 and institutionalized, 360; not in labour force, 450; unemployed, 69; workers with part-time jobs who are looking for full-time jobs, 30.

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Definitions:

Study

The act of devoting time and attention to acquiring knowledge on a subject, through reading, investigation, or practice.

Mode

The value that appears most frequently in a data set.

Mean

The average value in a set of numbers, calculated by dividing the sum of all values by the number of values.

Respondents

Individuals who answer or respond to a survey, questionnaire, or study.