Go to the St. Louis Federal Reserve FRED database, and find data on labor force participation and the unemployment rate for the groups listed below. For each pair of demographic groups, calculate the difference in labor force participation and the difference in the unemployment rate between the two groups, using the most current data available, the data from one year prior, and the data from five years prior. Comment on the level and change in the gaps between the two demographic groups over time.

a) Labor force participation rate of men (LNS11300001) and women (LNS11300002); unemployment rate of men (LNS14000001) and women (LNS14000002).

b) Labor force participation rate of black or African American (LNS11300006) and white (LNS11300003); unemployment rate of black or African American (LNS14000006) and white (LNS14000003).

c) Labor force participation rate of college graduates (LNS11327662) and high school only graduates (LNS11327660); unemployment rate of college graduates (LNS14027662) and high school only graduates (LNS14027660).