Use the table to answer the below questions a) Calculate the number of people in
ID: 1178132 • Letter: U
Question
Use the table to answer the below questions
a) Calculate the number of people in the labor force for each country.
b) Calculate the labor force participation rate for each country, and put the figures in the blanks provided. Which country had the highest labor force participation rate? Which had the lowest?
c) Calculate the unemployment rate for each country, and put the figure in the blanks provided. Which country had the highest unemployment rate? Which had the lowest?
Country
Population
(in million)
Number Employed
(in million)
Number Unemployed
(in million)
Rate of labor Force Participation
Rate of Unemployment
United States
237.8
139.1
14.8
Canada
27.3
17.0
1.3
Japan
110.3
62.0
3.1
Germany
70.9
38.2
3.0
France
49.7
25.4
2.6
Australia
17.9
11.2
0.6
Italy
51.3
22.6
2.1
Country
Population
(in million)
Number Employed
(in million)
Number Unemployed
(in million)
Rate of labor Force Participation
Rate of Unemployment
United States
237.8
139.1
14.8
Canada
27.3
17.0
1.3
Japan
110.3
62.0
3.1
Germany
70.9
38.2
3.0
France
49.7
25.4
2.6
Australia
17.9
11.2
0.6
Italy
51.3
22.6
2.1
Use the table to answer the below questions Calculate the number of people in the labor force for each country. Calculate the labor force participation rate for each country, and put the figures in the blanks provided. Which country had the highest labor force participation rate? Which had the lowest? Calculate the unemployment rate for each country, and put the figure in the blanks provided. Which country had the highest unemployment rate? Which had the lowest?Explanation / Answer
Country
Population
(in million)
Number Employed
(in million)
Number Unemployed
(in million)
Rate of labor Force Participation
Rate of Unemployment
United States
237.8
139.1
14.8
Canada
27.3
17.0
1.3
Japan
110.3
62.0
3.1
56.21%
Germany
70.9
38.2
3.0
53.87%
4.23%
France
49.7
25.4
2.6
51.10%
5.23%
Australia
17.9
11.2
0.6
3.35%
Italy
51.3
22.6
2.1
Country
Population
(in million)
Number Employed
(in million)
Number Unemployed
(in million)
Rate of labor Force Participation
Rate of Unemployment
United States
237.8
139.1
14.8
58.49%
6.22%
Canada
27.3
17.0
1.3
62.27%4.76%
Japan
110.3
62.0
3.1
56.21%
2.81%
Germany
70.9
38.2
3.0
53.87%
4.23%
France
49.7
25.4
2.6
51.10%
5.23%
Australia
17.9
11.2
0.6
62.56%
3.35%
Italy
51.3
22.6
2.1
44.05%
4.09%
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