Statistics Canada Provides Labour Data as Presented in the Table

question 147

Essay

Statistics Canada provides labour data as presented in the table below. Based on this data, answer the following questions.

a.What was the labour force in June 2010?
b.What was the participation rate?
c.What was the unemployment rate?
d.What was the employment rate?

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Definitions:

Horizontal Analysis

An analytical method in financial statements analysis where amounts in a series of financial statements are compared line by line to detect changes and trends over different periods.

Vertical Analyses

An accounting method where each entry in a financial statement is listed as a percentage of another item to analyze relative size and composition.

Horizontal Analyses

Analysis technique for financial statements that evaluates changes in financial information over multiple reporting periods using percentage or absolute comparisons to find growth or decline trends.

Financial Statements

Reports that summarize the financial performance and position of a business, including the balance sheet, income statement, and cash flow statement.