Section 3: Inflation and Unemployment The labour market Fill in the missing data in the table illustrating some labor market data for New-England Explain how the missing data was received. Data Type Working age population (x 1 000) Inactive population (x 1000) Active population (x 1 000) Employed (x 1 000) Unemployed (x 1 000) Unemployment rate (%) Activity rate (%) Employment rate (%) T1 2013 28476.9 66.6 61.8 T2 2013 28566.1 7.1 66.5 T3 2013 28667.9 9616.8 19051.1 17698.8 1352.3 7.1 66.5 61.7 T4 2013 28757.7 9681.9 19075.8 17735.3 1340.6 7 66.3 61.7 T1 2014 9737 17748.3 61.5 T2 2014 28912 9812.2 19099.8 17762 1337.7 7 66.1 61.4 T3 2014 29001.8 9868.1 19133.7 17791.7 1342 7 66 61.3 T4 2014 29073.7 1290.9 6.7 T1 2015 29138.7 9983 19155.7 17873.1 1282.5 6.7 65.7 61.3 T2 2015 29209.2 9982.9 19226.3 17913.6 1312.7 6.8 65.8 61.3 T3 2015 29294.3 9995 19299.3 17967.4 1331.9 6.9 65.9 61.3 T4 2015 10016 19359.5 17995.2 T1 2016 29442.4 10056.1 19386.3 17999.8 1386.6 7.2 65.8 61.1 T2 2016 29517.9 10114.5 19403.4 18036.4 1367 7 65.7 61.1 T3 2016 10199.4 1347.2 6.9 T4 2016 29680.9 10165.4 19515.5 18162.8 1352.7 6.9 65.7 61.2 T1 2017 19578.1 18259.3 61.4 T2 2017 29824 10208.8 19615.2 18331.2 1284.1 6.6 65.8 61.5 T3 2017 29920.1 10249.8 19670.3 18421.7 1248.6 6.3 65.8 61.6

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter21: Unemployment

Section: Chapter Questions

Problem 34CTQ: Is the higher unemployment rates for minority workers necessarily an indication of discrimination?...

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Section 3: Inflation and Unemployment

The labour market

Fill in the missing data in the table illustrating some labor market data for New-England

Explain how the missing data was received.

Data Type	*Working age population (x 1 000)*	*Inactive population* *(x 1000)*	*Active population (x 1 000)*	*Employed (x 1 000)*	*Unemployed (x 1 000)*	*Unemployment rate (%)*	*Activity rate (%)*	*Employment rate (%)*
T1 2013	28476.9						66.6	61.8
T2 2013	28566.1					7.1	66.5
T3 2013	28667.9	9616.8	19051.1	17698.8	1352.3	7.1	66.5	61.7
T4 2013	28757.7	9681.9	19075.8	17735.3	1340.6	7	66.3	61.7
T1 2014		9737		17748.3				61.5
T2 2014	28912	9812.2	19099.8	17762	1337.7	7	66.1	61.4
T3 2014	29001.8	9868.1	19133.7	17791.7	1342	7	66	61.3
T4 2014	29073.7				1290.9	6.7
T1 2015	29138.7	9983	19155.7	17873.1	1282.5	6.7	65.7	61.3
T2 2015	29209.2	9982.9	19226.3	17913.6	1312.7	6.8	65.8	61.3
T3 2015	29294.3	9995	19299.3	17967.4	1331.9	6.9	65.9	61.3
T4 2015		10016	19359.5	17995.2
T1 2016	29442.4	10056.1	19386.3	17999.8	1386.6	7.2	65.8	61.1
T2 2016	29517.9	10114.5	19403.4	18036.4	1367	7	65.7	61.1
T3 2016		10199.4			1347.2	6.9
T4 2016	29680.9	10165.4	19515.5	18162.8	1352.7	6.9	65.7	61.2
T1 2017			19578.1	18259.3				61.4
T2 2017	29824	10208.8	19615.2	18331.2	1284.1	6.6	65.8	61.5
T3 2017	29920.1	10249.8	19670.3	18421.7	1248.6	6.3	65.8	61.6

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