Question

section 4.4 data tables with percentages
objective 1 - interpret percentage points
objective 2 - use two - way tables
objective 1 - interpret percentage points
guided practice activity #8 - the employment situation november 2018
the bureau of labor statistics publishes a monthly employment situation report. for november 2018 we have the following data:
summary table a. household data, seasonally adjusted
numbers in thousands
ok first some questions to see if we understand the table.

1. how big was the civilian labor force in november 2018?
2. what percentage of the civilian non - institutional population was employed in november 2018?
3. what percentage of the civilian non - institutional population was participating in the labor force in november 2018?

Explanation:

Step1: Find the civilian labor force in November 2018

From the table, the value of "Civilian labor force" in "Nov 2018" is \(162770\) (in thousands).

Step2: Calculate the percentage of employed in civilian non - institutional population in November 2018

The formula for the percentage is \(\text{Percentage}=\frac{\text{Employed}}{\text{Civilian non - institutional population}}\times100\).
The "Employed" value in November 2018 is \(156785\) (in thousands) and the "Civilian non - institutional population" in November 2018 is \(258708\) (in thousands).

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Step3: Calculate the percentage of participating in the labor force in civilian non - institutional population in November 2018

The formula for the percentage is \(\text{Percentage}=\frac{\text{Civilian labor force}}{\text{Civilian non - institutional population}}\times100\).
The "Civilian labor force" value in November 2018 is \(162770\) (in thousands) and the "Civilian non - institutional population" in November 2018 is \(258708\) (in thousands).

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Answer:

1. \(162770000\) (since the number is in thousands, \(162770\times1000 = 162770000\))
2. Approximately \(60.6\%\)
3. Approximately \(62.9\%\)