In city A, the LFPR is 80%. 5% of the labour force are unemployed, and there are 19000 people employed. What is the size of working-age population?

The Labour Force Participation Rate (LFPR) is the percentage of the working-age population that is either employed or actively looking for work. The labour force is made up of the employed and the unemployed.

We are given that the LFPR is 80%, the unemployment rate is 5%, and there are 19,000 people employed.

First, let's calculate the size of the labour force. Since the unemployment rate is 5%, this means that 95% of the labour force is employed.

So, if 95% of the labour force is 19,000 people, we can find the total labour force (LF) by dividing the number of employed people by the employment rate:

LF = 19000 / 0.95 LF = 20000

Now, we know that the LFPR is 80%, or 0.8, which means that the labour force is 80% of the working-age population (WAP).

So, if 80% of the WAP is 20,000 people, we can find the total WAP by dividing the labour force by the LFPR:

WAP = 20000 / 0.8 WAP = 25000

So, the size of the working-age population is 25,000.