4. Refe r to Table 28-3. How many adults were not in Baltivia’s labor force in 2

Question

4. Refer to Table 28-3. How many adults were not in Baltivia’s labor force in 2009?

5. Refer to Table 28-3. What was Baltivia’s unemployment rate in 2009?

  

2009 Labor Data for Baltivia umber of adults umber of adults who are paid emplo umber of adults who work in their own businesses umber of adults who are unpaid workers in a family member's business umber of adults who were t umber of adults who were waiting to be recalled to a job from which they had been laid of umber of adults who do not have a job, are available for work, and have tried to find a job ithin the past four weeks umber of adults who do not have a job, are available for work, but have not tried to find a job ithin the past four weeks umber of adults who are full-time students umber of adults who are homemakers or retirees 20 8, absent from their jobs because of an earthquake 3,62 1. Refer to Table 28-3. How many people were employed in Baltivia in 2009? a. 9,600 b. 10,600 c. 11,000 d. 11,200 2. Refer to Table 28-3. How many people were unemployed in Baltivia in 2009? a. 1,400 b. 1,600 c. 2,000 d. 2,780 3. Refer to Table 28-3. How many people were in Baltivia's labor force in 2009?

Explanation / Answer

Answer 1. c) 8000+1600+1000+400= 11000

2. (Data insufficient in table 28-3) No. of adults who are waiting to be recalled to a job from which they have been laud off is not given. Assuming it equals 0.

a) 1400.

3. Laborforce = Employed + Unemployed.

=11000+1400= 12400.

Hence, no. of adults which are not in Baltavia’s laborforce =  No. of adults - Laborforce = 20000 - 12400 = 7600

4. Unemployment Rate = No. of Unemployed persons/ Laborforce.

= 1400/12400 = 0.113 (approx.)

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