How_Unemployment_is_Measured

How_Unemployment_is_Measured - o UR = [U/LF]*100 o = [U/(E...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
How is Unemployment Measured? o Labour Force Survey determines: o Adult Population  (same as working age population) o Employed (E) o Unemployed (U) o Not in the Labour Force o Retirees o Full-time students o Housewives
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
o Labour Force (LF): o LF = U + E o Unemployment Rate (UR):
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: o UR = [U/LF]*100 o = [U/(E + U)] * 100 o Participation Rate (LFPR) o Percent of adult population in the labour force o LFPR = LF/Working Age Population * 100 o Labour Force Survey (LFS) http://www40.statcan.ca/l01/ cst01/lfss01a.htm...
View Full Document

This note was uploaded on 07/12/2010 for the course ECON 202 taught by Professor Angelatrimarchi during the Spring '10 term at Waterloo.

Page1 / 2

How_Unemployment_is_Measured - o UR = [U/LF]*100 o = [U/(E...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online