Choose from one of the following series, compare and contrast conclusions drawn from the data in one of these series with the conclusions drawn from the national unemployment rate
Key Labor Market Definitions.docx
Graded Elements - use annual data for overall analysis but could be interesting to highlight monthly highs and lows - data source: www.bls.gov or www.census.gov
- Identify the most current US unemployment rate - characterize the trend over the past 10 years, explaining if the economy is fully employed or not during that time.
- Choose one of the definitions from the list in the link above, match it to a statistical series from BLS or Census Bureau - identify what the series measures, explain how it correlates with the national unemployment trend - that is, explain if tells a story that is different from what you see at the natioal level or if it shows the same story - identify types of unemployment present
- Explain why there are differences or similarities between the 2 series - use 2 economic terms in your explanation - this is your own opinion.
- Looking Ahead: How would changes in unemployment and inflation impact the Consumption and Investment Functions? Give one example of how it would either shift or cause a movement along one of the curves
|Due By (Pacific Time)
||11/03/2014 10:00 pm