Calculate the labor force participation rate

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Question: Go to Statistics Canada's website and under the Subject tab, go to Labor section and find the table of Labor Force Characteristics by province, monthly, seasonally adjusted. (This table is long, you must attach the entire table to cover all the provinces) Do not provide the link, copy/paste the whole table.

b) Calculate the labor force participation rate, the unemployment rate and the employment rate for all the provinces and for Canada for April 2023 and April 2024. Show all your work. Organize the data in a table.

c) Comment on how the three variables have changed over the year and explain the economic reasons for the change. Use labor force survey and the internet to answer this question. Site the resources appropriately.

Reference no: EM133710875

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