Question
In: Economics
Topic: Labor Force Participation Question/Prompt: “Because of the decreasing labor force participation rate of youths and...
Topic: Labor Force Participation Question/Prompt: “Because of the decreasing labor force participation rate of youths and the prime age group, the overall labor force participation rate is expected to decline. The participation rates of older workers are projected to increase, but remain significantly lower than those of the prime age group. A combination of a slower growth of the civilian noninstitutional population and falling participation rates will lower labor force growth to a projected 0.5 percent annually.” (Labor Force Projections, 2013) In your thread, complete the following: Discuss economic theory related to the quote above. Be sure to include a definition of Labor Force Participation Rate (LFPR) within your discussion. Locate and incorporate outside research that gives evidence and explanation as to the possible causes of this decline. Provide an example of the changes in labor force participation rates over the last decade.
Solutions
Rahul Sunny answered 2 years agoRelated Solutions
what is the labor participation rate? Discuss if the participation rate has been increasing or decreasing...
what is the labor participation rate? Discuss if the
participation rate has been increasing or decreasing during the
past year.
31. The unemployment rate and the labor force participation are two labor statistics that are used...
31. The unemployment rate and the labor force participation are
two labor statistics that are used to analyze the economy. In each
of the scenarios below, state the impact that the event will have
of both the labor force participation rate and the unemployment
rate. Explain your answers using the formulas to calculate labor
force participation and the unemployment rate that were discussed
in this unit.
a. A car manufacturing company goes bankrupt and is forced to
lay off all...
Define the following and write each formula: a) Labor force participation rate b) Labor Force c)...
Define the following and write each formula:
a) Labor force participation rate
b) Labor Force
c) Unemployment Rate
The natural rate of unemployment in Thailand is about 1% and the labor force participation rate...
The natural rate of unemployment in Thailand is about 1% and the
labor force participation rate is about 68%. Interpret these
values. What does it mean for the Thailand’s economy and
population? Why is the U-rate so low?
The natural rate of unemployment in Thailand is about 1% and the labor force participation rate...
The natural rate of unemployment in Thailand is about 1% and the
labor force participation rate is about 68%. Interpret these
values. What does it mean for the Thailand’s economy and
population? Why is the U-rate so low?
The labor force participation rate is calculated as: Select one: a. the percent of the population...
The labor force participation rate is calculated as:
Select one:
a. the percent of the population age 16 or older that is in the
labor force.
b. the percent of the entire population that is unemployed.
c. the percent of the labor force age 16 or older that is
employed.
d. the percent of the population age 16 or older that is
unemployed.
Which of following is true about socialism?
Select one:
a. all of the above.
b. prices are...
2. The USA's natural rate of unemployment is about 1%, and the labor force participation rate...
2. The USA's natural rate of unemployment is about 1%, and the
labor force participation rate is about 60%. Interpret these
values. What does it mean for the US economy and population? Why is
the Unemployment rate so low? Please, explain clearly and show how
to calculate. Thank you.
a) If population 16 or older = 208 million and labor force participation rate (LFPR) =...
a) If population 16 or older = 208 million and labor force
participation rate (LFPR) = 65%, what is the size of the labor
force?
0.65*208,000,000
= 135,200,000
b) In a given year, there are 10
million unemployed workers and 120 employed workers the country of
Landia. Calculate the unemployment rate in Landia.
120/10,000,000 = 0.0012%
1-0.0012 = 0.9988
0.9988*100 = 99.88
Unemployment rate = 99.88%
Show all your calculations for full
credit.
Use either a shift in demand of...
Given the increase in female participation rate, is the decreasing male participation rate less concerning? In...
Given the increase in female participation rate, is the
decreasing male participation rate less concerning?
In class last week, we examined the female labor force
participation rate which has almost doubled since the 1960s. We
briefly discussed the strange period in the early 80s, in which the
young women participation rate stopped growing while the prime age
women rate continued growing. This is likely due to college
enrollment growth. We also discussed the role of marital status.
Single women have...
Unemployment, employment and the labor force participation rate have been in the news lately. Analyze these...
Unemployment, employment and the labor force participation rate
have been in the news lately. Analyze these three statistics since
2000. What are the trends? Explain. What does each statistic tell
you that the other statistics do not tell you? Unemployment has
multiple measures – which one is best and why? Make sure you use at
least one graph in your answer. Answer with explanation and
detail.
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