(Solution) - Statistics Canada reported the following data for Ontario in May -(2025 Original AI-Free Solution)
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Statistics Canada reported the following data for Ontario in May and June in 2011: The unemployment rate fell from 8.3 percent to 7.6 percent. The employment-to-population ratio increased from 62.2 percent to 63 percent and the labour force participation rate increased from 67.9 percent to 68.2 percent.
a. Did the number employed increase by more than the number unemployed fell? How can you tell?
b. If the number employed did increase by more than the number unemployed fell, what happened to the number of marginally attached workers?