1) Go to http://fred.stlouisfed.org and download the data for the U.S. population and total employment in educational and health services over the period 2002-2012.

Type "POP", then search > Click "Total Population" > Click "EDIT GRAPH" at the upper right corner > Under "Units" choose "Percentage Change" to show its growth rate > Download the data to Excel sheet.

Type "USEHS" and then search > Click "Employees, Education and Health Services" > Click "EDIT GRAPH" at the upper right corner > Under "Units" choose "Percentage Change" to show its growth rate > Download the data to Excel sheet.

A) calculate the average growth rate of U.S. population and total employment in educational services in the period 2002-2012. Everything else being constant, what could you infer about the average quality of U.S. workers? Would this have any implications on the perspectives for future growth in the United States?

2) For data, go to http://fred.stlouisfed.org

Type "USINFO", then search > Click "All Employees, Information" > Click "DOWNLOAD" and choose "PDF (graph)" at the upper right corner

A) Using the provided graphing possibilities, take a look at the evolution of the number of employees for the information services industries during the last two decades. What event can be used to explain the increase in the employment of information technology workers during the 1990s? What about the decrease in employment during the 2000s?