Here is a report from a not very efficient survey taker: “There were 65 people i
ID: 1106883 • Letter: H
Question
Here is a report from a not very efficient survey taker: “There were 65 people in the houses I visited, 10 of them children under 16 and 10 retired; 25 people had full time jobs; and 5 had part time jobs. There were full time homemakers, 5 full time students over 16, and 2 people who were disabled and cannot work. The remaining people did not have jobs but all said the would like one. One of these people had not looked actively for work for three months, however.”. Calculate the number of persons employed, the number of persons unemployed, the working age population, the number of persons in the labor force, the number of persons who are not in the labor force, the unemployment rate, the labor force participation rate and the employment to ratio.
Explanation / Answer
Following is the information that is required
S. No.
Category
Number
1
People in the house
65
2
Under 16 years
10
3
Retired
10
4
Full time job
25
5
Part time job
5
6
Full time students over 16 years
5
7
Disabled and cannot work
2
8
Total (2 to 7)
57
9
Remaining people (1 – 8)
8
10
Did not looked actively for work for three months
1
11
Unemployed (9 – 10)
7
12
Number of person employed (4+5)
30
13
Working age population (16 years and above, excluding the retired) (4+5+6+7+9)
45
14
Number of people in the laborforce (4+5+11)
37
15
Out of laborforce (2+3+6+7+10)
26
16
Unemployment rate (Unemployed/Laborforce)x100
18.9
17
Laborforce participation rate (Laborforce/Total Population)x100
56.9
18
Employment to Unemployment Ratio
4.3
S. No.
Category
Number
1
People in the house
65
2
Under 16 years
10
3
Retired
10
4
Full time job
25
5
Part time job
5
6
Full time students over 16 years
5
7
Disabled and cannot work
2
8
Total (2 to 7)
57
9
Remaining people (1 – 8)
8
10
Did not looked actively for work for three months
1
11
Unemployed (9 – 10)
7
12
Number of person employed (4+5)
30
13
Working age population (16 years and above, excluding the retired) (4+5+6+7+9)
45
14
Number of people in the laborforce (4+5+11)
37
15
Out of laborforce (2+3+6+7+10)
26
16
Unemployment rate (Unemployed/Laborforce)x100
18.9
17
Laborforce participation rate (Laborforce/Total Population)x100
56.9
18
Employment to Unemployment Ratio
4.3
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