Question
First, what does the unemployment rate measure--who is counted and who is not counted? Are these numbers an accurate measure or are they misleading? Second,
First, what does the unemployment rate measure--who is counted and who is not counted? Are these numbers an accurate measure or are they misleading?
Second, go online and find the current unemployment rate in North Carolina--you'll need to add a month and year to your search terms in order to get more specific/current. Then find the unemployment rate for the United States. How does North Carolina's unemployment rate compare to the national average? Find at least one more state's unemployment rate from a completely different region i.e. Nebraska or Iowa, for example. How does this state's unemployment rate compare to your state's and to the national average?
Third, what explains the differences between the unemployment rates you've found?
Lastly, What do these figures tell us? Is this information encouraging or discouraging?''
Be sure to include a link to an external source
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Understanding and Comparing Unemployment Rates 1 Measuring the Unemployed The unemployment rate measures the percentage of the labor force who are cur...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started