Human Resource Economics assignment

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Economics

3340

sanit marys universtiy

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Human Resource Economics assignment

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Economics 3340 – Human Resource Economics Summer Session Two – 2019 Assignment One Due Date: Tuesday July 23rd, 2019 by 11:30 pm. Submission: “Assignment One” Dropbox on BrightSpace Answer each of the following questions. 1. How do we classify data to ensure everyone is uniquely categorized in the labour market statistics? 2. Collect some basic labour market statistics from the most recent Labour Force Survey at https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1410028701. Create a table and evaluate the recent labour market performance. Below is a suggested structure…. Title April 2019 March 2019 Change Population Labour Force Employment Full-time Part-time Unemployment Unemployment Rate Participation rate Source: 3. Explain the difference between “Demand Pull” and “Cost Push” inflation. Be sure to use graphs in your explanation. Good Luck.
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Economics 3340 – Human Resource Economics
Summer Session Two – 2019
Assignment One
Due Date: Tuesday, July 23rd, 2019 by 11:30 pm.
Submission: “Assignment One” Dropbox on BrightSpace
Answer each of the following questions.
1. How do we classify data to ensure everyone is uniquely categorized in the labour market statistics?
There are various methods through which data can be classified. Such approaches include geographical
classification, chronological classification, qualitative classification and quantitative data classification.
Geographical data classification is a type of classification in the labour market statistics where data is
classified according to its locality, area or even space.it can also be referred to as an aerial or also
referred to as a spatial type of data classification. When referring to the labour market, the data can be
classified according to the regions of interests such as a country, county, sub-county, a division,
subdivision, district, sub-district, location, a sub-location as well as being narrowed down to the village
and ward levels. Geographical classifications allow an attachment of references, codes and even ranks to
a data set thereby enabling easier identification.
Chronological data classification is a special type of data classification which the data of interest are
classified or grouped acc...


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