Question

Find the labor force, working-age population, number of employed workers, and the number of unemployed workers for a survey with results:

100 people, 15 under age 16

15 retired people

35 people had full-time jobs; 7 had part-time jobs

10 people were full-time homemakers

10 people were full-time students (over age 16)

3 people were disabled and cannot work.

The remainder did not have jobs although 3 of these people said they were not looking for jobs.

Answer 1

The labor force is the number of employed workers plus the number of unemployed workers. In this survey, the labor force is 42 people, the working-age population is 47 people, the number of employed workers is 42 people, and the number of unemployed workers is 5 people.

Step-by-step explanation:

The labor force is the number of employed workers plus the number of unemployed workers. In this survey, we need to add the number of full-time and part-time workers to find the number of employed workers. The number of unemployed workers is the total number of people not employed, but looking for work.

In this case, the labor force would be 35 (full-time jobs) + 7 (part-time jobs) = 42 people. The total working-age population is 100 (total number of people) - 15 (under age 16) - 15 (retired) - 10 (full-time homemakers) - 10 (full-time students) - 3 (disabled) = 47 people.

The number of employed workers is 35 (full-time jobs) + 7 (part-time jobs) = 42 people. The number of unemployed workers is 47 (working-age population) - 42 (employed workers) = 5 people.