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-In 2002, the Canadian working-age population was 24945100. Of these, 15411800 people had a jobs. Of the remainder, 1277600 were looking for work, 415800 wanted to work but did not actively look for work, and 7839900 did not want to work. Of those who wanted to work, 43000 had given up looking for work because they thought there was no work available.
-Compute the Canadian labour force in 2003
-Compute the number of people not in the labour force
-Compute the labour force participation rate=
-Compute the employment rate
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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