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Question
- the unemployment rate in different countries
the following table contains unemployment statistics from 2013 for three different countries: the united states (usa), the netherlands, and france.
(source: \international labor comparisons.\ bureau of labor statistics)
fill in the table using the given data
usa
netherlands
france
working - age (civilian non - institutionalized) population (thousands)
243,284
13,629
not in the labor force (thousands)
88,309
4,796
22,411
civilian labor force (thousands)
154,975
employed (thousands)
142,469
8,364
25,547
unemployed (thousands)
12,506
469
2,824
unemployment rate (percent)
Step1: Calculate Civilian Labor Force for Netherlands
The formula for Civilian Labor Force is \( \text{Civilian Labor Force}=\text{Employed}+\text{Unemployed} \).
For Netherlands: \( 8364 + 469=8833 \) (thousands).
Step2: Calculate Unemployment Rate for USA
The formula for Unemployment Rate is \( \text{Unemployment Rate}=\frac{\text{Unemployed}}{\text{Civilian Labor Force}}\times100\% \).
For USA: \( \frac{12506}{154975}\times 100\%\approx8.07\% \).
Step3: Calculate Unemployment Rate for Netherlands
Using the formula \( \text{Unemployment Rate}=\frac{\text{Unemployed}}{\text{Civilian Labor Force}}\times100\% \).
For Netherlands: \( \frac{469}{8833}\times100\%\approx5.31\% \).
Step4: Calculate Civilian Labor Force for France
Using \( \text{Civilian Labor Force}=\text{Employed}+\text{Unemployed} \).
For France: \( 25547+2824 = 28371 \) (thousands).
Step5: Calculate Working - Age (Civilian Non - institutionalized) Population for France
Using \( \text{Working - Age Population}=\text{Not in the Labor Force}+\text{Civilian Labor Force} \).
For France: \( 22411+28371=50782 \) (thousands).
Step6: Calculate Unemployment Rate for France
Using \( \text{Unemployment Rate}=\frac{\text{Unemployed}}{\text{Civilian Labor Force}}\times100\% \).
For France: \( \frac{2824}{28371}\times100\%\approx9.95\% \).
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| Country | Working - Age (Civilian Non - institutionalized) Population (Thousands) | Not in the Labor Force (Thousands) | Civilian Labor Force (Thousands) | Employed (Thousands) | Unemployed (Thousands) | Unemployment Rate (Percent) |
|---|---|---|---|---|---|---|
| Netherlands | 13629 | 4796 | \(8833\) | 8364 | 469 | \(5.31\%\) |
| France | \(50782\) | 22411 | \(28371\) | 25547 | 2824 | \(9.95\%\) |