Question 1

In a country with a working-age population of 30 million, 18 million are employed, 2 million are unemployed, and 2 million of the employed are working part-time, half of whom wish to work full-time. The labour force participation rate is
A)73.3 percent.
B)66.7 percent.
C)60 percent.
D)53.3 percent.
E)20 percent.

Accepted Answer

The labor force is made up of employed and unemployed individuals, therefore, the labor force size is 18 million + 2 million = 20 million.

Out of the 20 million people in the labor force, 2 million are unemployed. Therefore, the total number of people employed full time is 18 million - 2 million = 16 million.

The number of people employed part-time and wish to work full-time is half of 2 million, which is 1 million. So, the total number of people employed full-time is 16 million + 1 million = 17 million.

Therefore, the labor force participation rate is (20 million / 30 million) x 100% = 66.7%.

The answer is B.

Question 2

In a country with a working-age population of 20 million, 13 million are employed, 1.5 million are unemployed, and 1 million of the employed are working part-time, half of whom wish to work full-time. The size of the labour force is
A)20 million.
B)15.5 million.
C)14.5 million.
D)13 million.
E)11.5 million.

Accepted Answer

The labour force consists of both employed and unemployed individuals who are of working age and actively seeking employment. 
Therefore, we can calculate the labour force as the sum of employed and unemployed individuals.

Labour force = Employed + Unemployed 
Labour force = 13 million + 1.5 million 
Labour force = 14.5 million

The fact that some of the employed workers wish to work full-time does not affect the size of the labour force.

Question 3

The working-age population is the total number of people
A)in the labour force.
B)in the labour force who are employed.
C)aged 15 years and over.
D)in the labour force, aged 15 years and over.
E)in the labour force, aged 15 years and over, and employed.

Accepted Answer

The working-age population refers to all individuals aged 15 years and over, regardless of their employment status or whether they are part of the labor force.

Question 4

Which one of the following people would be counted as unemployed in Canada?
A)Veena is not working, but she is looking for a full-time job.
B)Kathy has stopped looking for work since she was unable to find a suitable job during a one-month search.
C)Sharon is a college student with a job.
D)Christos was laid off from his job a month ago and has not been looking for a new job, as he is waiting for a severance package from his former employer.
E)Benoit was laid off when his firm closed down two months ago and has not been looking for work, as he is going back to school.

Accepted Answer

To be counted as unemployed in Canada, an individual must be without work but actively seeking work.

Answer: B 
 If the individual has stopped actively seeking work, they are not considered unemployed in Canada.

Answer: C 
 Individuals who are employed, even if they are students, are considered employed and not counted as unemployed.

Answer: D 
 If the individual is not actively seeking work and waiting for severance, they are not considered unemployed in Canada.

Answer: E 
 If the individual is not actively seeking work and going back to school, they are not considered unemployed in Canada.

Question 5

The labour force is the total number of
A)people employed.
B)people aged 15 years and over.
C)people in the working-age population who are employed.
D)people in the working-age population who are either employed or unemployed.
E)full-time workers.

Accepted Answer

The labour force includes both employed and unemployed individuals who are of working age (typically 15-64 years). Therefore, choice D - people in the working-age population who are either employed or unemployed - is the best answer. Choices A, B, and E are too narrow, as they do not include those who are unemployed but actively seeking work. Choice C is incorrect because it only includes employed individuals, not the unemployed.

Question 6

In a country with a working-age population of 20 million, 13 million are employed, 1.5 million are unemployed, and 1 million of the employed are working part-time, half of whom wish to work full-time. The labour force participation rate is
A)75.5 percent.
B)72.5 percent.
C)65 percent.
D)57.5 percent.
E)14.5 percent.

Accepted Answer

The labour force is the total number of employed plus unemployed individuals.

Labour Force = Employed + Unemployed 
Labour Force = 13 million + 1.5 million 
Labour Force = 14.5 million

The number of part-time workers who wish to work full-time is 0.5 million.

To calculate the number of full-time equivalent workers:

Full-time equivalent workers = Employed - Part-time who wish to work full-time + Unemployed 
Full-time equivalent workers = 13 million - 0.5 million + 1.5 million 
Full-time equivalent workers = 14 million

Labour force participation rate is:

Labour force participation rate = Labour force / Working-age population 
Labour force participation rate = 14.5 million / 20 million 
Labour force participation rate = 0.725 or 72.5%

Therefore, the best choice is B.

Question 7

Who of the following would be counted as unemployed in Canada?
A)Caitlin, who is 14 years old and looking for a babysitting job.
B)James, who is a full-time student looking for a part-time job.
C)Youngmin, who is a part-time hamburger flipper looking for a full-time job.
D)Emmanuel, who lost his job at the steel plant when an automated assembly line was introduced six months ago, and has been job searching every day.
E)Vik, who has been staying at home watching reruns of "Hockey Night in Canada" and not searching since he was laid off at the flour mill.

Accepted Answer

Only Emmanuel, who lost his job and is actively searching for a new one, would be considered unemployed in Canada. Caitlin is too young to work, James is a full-time student (so not in the labor force), Youngmin is currently employed (even if it's not full-time), and Vik is not actively searching for work.

Question 8

If the working-age population increases, then
A)the size of the labour force will increase.
B)the number of people employed will increase.
C)the unemployment rate will increase.
D)the labour force participation rate will increase.
E)the total number of people aged 15 years and above will increase.

Accepted Answer

The answer of If the working-age population increases, then
A)the size...

Question 9

Which one of the following people would be counted as unemployed in Canada?
A)Doris works only 5 hours a week but is looking for a full-time job.
B)Kanhaya has stopped looking for work since he was unable to find a suitable job during a two-month search.
C)Sharon recently began looking for work after staying at home for 10 years to look after her children.
D)Maurice is on a two-month vacation out of the country but is still looking for a job using the Internet.
E)Taylor is a homemaker.

Accepted Answer

Sharon is counted as unemployed because she is actively looking for work after being out of the labor force.

Question 10

In a country with a working-age population of 22 million, 16 million are employed, 2 million are unemployed, and 1 million of the employed are working part-time, half of whom wish to work full-time. The employment-to-population ratio is
A)72.7 percent.
B)65 percent.
C)75.5 percent.
D)57.5 percent.
E)16 percent.

Accepted Answer

The employment-to-population ratio is calculated by dividing the number of employed people by the working-age population and then multiplying by 100. Here, 16 million are employed out of a working-age population of 22 million. (16/22) * 100 = 72.7 percent.

Question 11

In a country with a working-age population of 30 million, 18 million are employed, 2 million are unemployed, and 2 million of the employed are working part-time, half of whom wish to work full-time. The unemployment rate is
A)10 percent.
B)9.1 percent.
C)14.3 percent.
D)11.1 percent.
E)2 percent.

Accepted Answer

The answer of In a country with a working-age population...

Question 12

Who of the following would be counted as unemployed in Canada?
A)Doris only works five hours a week but is looking for a full-time job.
B)Kanhaya has stopped looking for work since he was unable to find a suitable job during a two-month search.
C)Sharon is a college student with no job.
D)Maurice has been laid off from his job for 20 weeks but expects to be called back soon.
E)Bogdan has been laid off from his job but does not expect to be called back, and is not looking.

Accepted Answer

Maurice is considered unemployed because he has been laid off and is waiting to be called back to work, which means he is actively available for work.

Question 13

In a country with a working-age population of 30 million, 18 million are employed, 2 million are unemployed, and 2 million of the employed are working part-time, half of whom wish to work full-time. The labour force is
A)30 million.
B)18 million.
C)20 million.
D)22 million.
E)16 million.

Accepted Answer

The labour force is the number of employed and unemployed individuals, which is 18 million employed + 2 million unemployed = 20 million. The 2 million employed working part-time who wish to work full-time are already counted in the employed number, so they are not counted again in the labour force.

Question 14

In a country with a working-age population of 22 million, 16 million are employed, 2 million are unemployed, and 1 million of the employed are working part-time, half of whom wish to work full-time. The involuntary part-time rate is
A)6.3 percent.
B)12.5 percent.
C)2.8 percent.
D)5 percent.
E)0.5 percent.

Accepted Answer

The answer of In a country with a working-age population...

Question 15

The unemployment rate is defined as the number of
A)unemployed people divided by the number of employed people.
B)employed people divided by the number of people in the country.
C)unemployed people divided by the number of people in the country.
D)unemployed people divided by the sum of the people employed and the people unemployed.
E)unemployed people divided by the number of people in the country who are employed.

Accepted Answer

The unemployment rate is calculated by dividing the number of unemployed people by the labor force, which is the sum of employed and unemployed people.

Question 16

In a country with a working-age population of 22 million, 16 million are employed, 2 million are unemployed, and 1 million of the employed are working part-time, half of whom wish to work full-time. The unemployment rate is
A)10 percent.
B)10.3 percent.
C)11.1 percent.
D)15.4 percent.
E)2 percent.

Accepted Answer

Working-age population = 22 million 
Employed = 16 million 
Employed part-time (who want to work full-time) = 1/2 million 
So, total employed who want to work full-time = 16 million - 0.5 million = 15.5 million

Total labor force = employed + unemployed = 16 million + 2 million = 18 million

Unemployment rate = (unemployed / total labor force) x 100
= (2 million / 18 million) x 100
= 11.1%

Therefore, the answer is C) 11.1 percent.

Question 17

Counting involuntary part-time workers as unemployed would
A)not change the actual unemployment rate.
B)lower the measured unemployment rate.
C)raise the natural unemployment rate.
D)raise the full employment rate.
E)raise the measured unemployment rate.

Accepted Answer

Involuntary part-time workers are considered as employed in the official definition of unemployment. If they were counted as unemployed, the measured unemployment rate would increase because they are people who want to work full-time but can't find the opportunity. Therefore, counting them as unemployed would raise the measured unemployment rate.

Question 18

In a country with a working-age population of 30 million, 18 million are employed, 2 million are unemployed, and 2 million of the employed are working part-time, half of whom wish to work full-time. The employment-to-population ratio is
A)73.3 percent.
B)66.7 percent.
C)60 percent.
D)53.3 percent.
E)18 percent.

Accepted Answer

The answer of In a country with a working-age population...

Question 19

Which one of the following people would be counted as unemployed in Canada?
A)a part-time worker who repeatedly expresses a desire to become a full-time worker
B)a person who has been seeking a job for the last six months, but recently gave up looking because he was discouraged by his job prospects
C)a person who will be starting a new job in 6 months
D)a person who expects to be laid off by the end of the month before next month's survey can be completed
E)a person who has been laid off for 10 weeks and is not looking for a job because he is waiting to be called back to his old job

Accepted Answer

A person who has been laid off and is waiting to be called back to their old job is considered unemployed in Canada, as they are temporarily laid off and expect to return to work.

Question 20

Which one of the following people would be counted as unemployed in Canada?
A)Simone is currently working but expects to be laid off by the end of the month, before next month's survey can be completed.
B)Ruth is a 14-year-old student and has been looking for an after-school job every day for the past month.
C)Sarah has been looking for a job but is taking a month-long break from the job-seeking effort due to her lack of skills.
D)Rebekah is a recent graduate looking for work.
E)Ron has quit looking because he believes that there is no work available for him.

Accepted Answer

Only Rebekah is actively looking for work and unable to find a job, making her the only person who fits the criteria for being unemployed. Simone is currently employed, Ruth is not old enough to work legally, Sarah is not actively looking for work, and Ron has given up on finding a job.

Quiz 21: Monitoring Jobs and Inflation

In a country with a working-age population of 30 million, 18 million are employed, 2 million are unemployed, and 2 million of the employed are working part-time, half of whom wish to work full-time. The labour force participation rate is

In a country with a working-age population of 20 million, 13 million are employed, 1.5 million are unemployed, and 1 million of the employed are working part-time, half of whom wish to work full-time. The size of the labour force is

The working-age population is the total number of people

Which one of the following people would be counted as unemployed in Canada?

The labour force is the total number of

In a country with a working-age population of 20 million, 13 million are employed, 1.5 million are unemployed, and 1 million of the employed are working part-time, half of whom wish to work full-time. The labour force participation rate is

Who of the following would be counted as unemployed in Canada?

If the working-age population increases, then

Which one of the following people would be counted as unemployed in Canada?

In a country with a working-age population of 22 million, 16 million are employed, 2 million are unemployed, and 1 million of the employed are working part-time, half of whom wish to work full-time. The employment-to-population ratio is

In a country with a working-age population of 30 million, 18 million are employed, 2 million are unemployed, and 2 million of the employed are working part-time, half of whom wish to work full-time. The unemployment rate is

Who of the following would be counted as unemployed in Canada?

In a country with a working-age population of 30 million, 18 million are employed, 2 million are unemployed, and 2 million of the employed are working part-time, half of whom wish to work full-time. The labour force is

In a country with a working-age population of 22 million, 16 million are employed, 2 million are unemployed, and 1 million of the employed are working part-time, half of whom wish to work full-time. The involuntary part-time rate is

The unemployment rate is defined as the number of

In a country with a working-age population of 22 million, 16 million are employed, 2 million are unemployed, and 1 million of the employed are working part-time, half of whom wish to work full-time. The unemployment rate is

Counting involuntary part-time workers as unemployed would

In a country with a working-age population of 30 million, 18 million are employed, 2 million are unemployed, and 2 million of the employed are working part-time, half of whom wish to work full-time. The employment-to-population ratio is

Which one of the following people would be counted as unemployed in Canada?

Which one of the following people would be counted as unemployed in Canada?