Question

WHO CAN FILL IN THE VALUES OF THE TABLE. i dont understand. please, please help.
If you can also tell me what "employment-to-population ratio" is, what "labor force participation rate" is, "unemployment rate" all using the values of the table, i will make you brainiest.

Answer 1

Answer:

Total Population = Young & Institutionalized + Working Age Population

Working-Age Population = Labor Force + Not in the Labor Force

Labor Force = Employed + Unemployed

Total population = 400

Working Age Population = 300

Young & Institutionalized = 100

Not in Labor Force = 100

Labor Force = 200

Employed = 150

Unemployed = 50

Employment-population ratio = (Employed ÷ Working Age Population) x 100%

                                                 = (150 ÷ 300) × 100%

                                                 = 50%

Labor force participation rate = (Labor Force ÷ Working Age Population) x 100%

                                                 = (200 ÷ 300) × 100%

                                                 = 66.7% (nearest tenth)

Unemployment rate = (Unemployed ÷ Labor Force) x 100%

                                  = (50 ÷ 200) x 100%

                                  = 25%