Essay
Consider the following labour data compiled by Statistics Canada.
a.Between July 2009 and July 2010, employment has increased by 393 700 workers, but the labour force increased by only 309 100 workers. Explain the difference in these numbers. Is it possible that the increase in labour force be greater than the increase in employment?
b.During the same period, employment increased by 393 700 workers, but unemployment decreased by only 84 600. Are these data plausible? How this difference could be explained?
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a.Change in labour force = change in emp...View Answer
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