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In July 2003 in the economy of Sandy Island 11000 people were employed 900 were unemployed and 5000 of working age were not in the workforce. During August 2002 40 people lost their jobs

In July 2003, in the economy of Sandy Island, 11,000 people were employed, 900 were unemployed, and 5,000 of working age were not in the workforce. During August 2002, 40 people lost their jobs, 10 people left their jobs, 180 people were hired or recalled, 20 people withdrew from the workforce, and 60 people entered or re-entered the workforce. Calculate for July 2003. aThe workforce. bThe unemployment rate. c The working-age population. dThe economic activity rate. And calculate for the end of August 2003 eThe number of people unemployed. f The number of people employed. gThe workforce. hThe unemployment rate.

May 01 2020 View more View Less

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