1. Sources of Economic Data. It is important to know how to find information on economic indicators that affect wages and benefits. Using the Web site for the Bureau of Labor Statistics, answer the following questions.

What was the annual inflation rate at the end of 2006? (Remember that the inflation rate is the percent change in the Consumer Price Index over a specific period of time.)

During the first quarter of 2007, what were the median weekly earnings for males aged 25 and over?

Locate the Economic Report of the President to answer these questions and use the link for statistical tables to answer the following questions. What was the civilian unemployment rate in 2006 for all civilian workers? What was the exchange rate, in U.S.

dollars, for the euro in the fourth quarter of 2006?