Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Friday , March 8th at 8:30AM EST (6:30AM MST ), the BLS will release its February labor market data . You can watch the announcement

image text in transcribed
Friday , March 8th at 8:30AM EST (6:30AM MST ), the BLS will release its February labor market data . You can watch the announcement , along with pre - and post - announcement commentary , live on CNBC Bloomberg , or FBN TV . Bloomberg streams at www .bloomberg .com /tv/. You can , also , find the relevant information at marketwatch .com , wsj .com , or www .ft.com /home /us. Of course , you should , also , read the "employment situation report at www .bls .gov /bls ewsrels .htm Refer to www .bls .gov ews release /empsit .a.htm for data from the household survey (CPS ) and to www .bis .gov ews release /empsit .b.htm for data from the payroll ("establishment") survey (CES) and use those data to complete the following table : Statistic Feb 2018 Jan 2018 Change from jan to CPS (household CBS (payroll Feb survey) survey ) Unemployment Rate (U3) Number of persons unemployed Unemployment Rate (U6): Labor Force Participation Rate Number of person in labor force Change in total nonfarm payrolls Average weekly hours, all employees Average hourly earnings all employees Comment on whether you consider the February report to be "good news " or "bad news " for the economy Le., did the announcement "beat " expectations or was it a disappointment ? How did equity markets react to this report and why ? What are the implications for the Fed's actions on March 20th ? Refer to www.bls.govews release/empsit.t15.htm for data on 16 and other measures of labor underutilization

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Energy, Trade And Finance In Asia A Political And Economic Analysis

Authors: Justin Dargin, Tai Wei Lim

1st Edition

1317322711, 9781317322719

More Books

Students also viewed these Economics questions