How is Canada's unemployment rate determined?
A) The rate is determined by Canada Census data.
B) The rate is determined by a survey of Canadian employers.
C) The federal government department HRSDC (Human Resources and Skills Development Canada) conducts a monthly survey of the labour force.
D) Statistics Canada conducts a Labour Force Survey each month.
E) An estimate is produced by HRSDC based on the previous month's unemployment rate adjusted by the current month's job losses and job gains.
Correct Answer:
Verified
Q42: Canada's unemployment rate has been as low
Q43: Suppose the city of Calgary has a
Q44: Workers with experience and skills sometimes lose
Q45: If a country's labour force is 15
Q46: A worker is considered unemployed if that
Q48: Suppose that a country's population is 30
Q49: Consider the growth in Canada's labour force
Q50: The unemployment rate will understate the true
Q51: Cyclical unemployment is associated with which of
Q52: If a country's labour force is 15
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents