Question of the Day: Day Eight



Consider the following labor and population data from Country X in 2010.

Overall Population: 310,300,000
People who are noncivilian, institutionalized or 15 years old or younger: 92,730,000
Employed persons: 139,064,000
Unemployed persons: 14,825,000
Overall person who are not in the labor force: 83,941,000
Discouraged workers: 1,173,000
People not in the labor force who do not want a job now: 77,882,000
People not in the labor force who do want a job now: 6,059,000
People not in the labor force who are available to start work now: 2,226,000


Given this data, please answer the following questions.

1. What is the (civilian) participation rate in 2010?

2. What is the (civilian) unemployment rate in 2010?

3. Using our discussion from class about the four categories of people within the population (Areas A, B, C and D in the box we drew in class), take every category above that's written below "Overall Population" and place it in a category. E.g. Employed persons are in Area D.