Question
Consider; What month (and year) is summarized? What was the unemployment rate for that month? How does that rate compare with the rate in the
Consider;
What month (and year) is summarized? What was the unemployment rate for that month? How does that rate compare with the rate in the previous month?
What were the unemployment rates for adult women, teenagers, blacks, Hispanics, and whites? How did these rates compare with those a month earlier?
What factors make it difficult to determine the unemployment rate?
Why is unemployment an economic problem?
What are the non economic effects of unemployment?
Who loses from unemployment?
Please analyze and discuss the significance of the data that you received for this exercise.
Which two categories of goods or services had the greatest price increase for the last 12 months? Which two categories of goods or services had the lowest price increase for the last 12 months?
Which two categories of goods or services had the largest price decrease for the last 12 months?
Who loses from inflation?
Who benefits from inflation?
Create one or more charts (line graph, bar graph, etc.).
Find unemployment data (Table B-27.?Civilian unemployment rate) for each year 2000 to present by educational attainment (25 years and over). Use the following groups: less than an high school diploma; high school graduates, no college; some college or associate degree; bachelor's degree and higher.
a.Present the result in your project as a table.
b.Create one or more charts (line graph, bar graph, etc.).
3.Use the Economic Report of the President (Table B-28.?Unemployment by duration and reason) to find data on the duration of unemployment for each year 2000 to present.
Present the result in your project as a table.
Create one or more charts (line graph, bar graph, etc.).
In this paper consider, but do not be limited to the following:
Which years had the highest and lowest unemployment rates? How do the rates compare among these groups?
Compare the unemployment rates by educational attainment. How do the rates compare among these groups? What relationship, if any, do you find?
Compare the distribution of unemployment by duration over these years. Which years had the highest and lowest unemployment duration? What relationship, if any, do you find?
Demographic studies show that the proportion of teenagers and minorities in the U.S. population is likely to increase in the near future. In your opinion, what implications, if any, will this trend have on the unemployment rate?
Please analyze and discuss the significance of the data that you received for this Data exercise. Reflect on what you have learned from this exercise.
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