Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Go to the Bureau of Labor Statistics (http://bls.gov) and find the current: labor force participation rate the U3 (Headline) unemployment rate, and, the U6 unemployment
- Go to the Bureau of Labor Statistics (http://bls.gov) and find the current:
- labor force participation rate
- the U3 (Headline) unemployment rate, and,
- the U6 unemployment rate;
- What are the differences between the U3 and U6 unemployment rates? Note not only the unemployment rate percentages, but also who is counted in each of the two measures.
- After examining the information and views found in the above activities, what factors are contributing to the current unemployment rate and the current labor participation rate? Support your view with data from the BLS, information from the readings and the videos and concepts from the textbook readings (chapters 28-31).
- Post your views to the discussion board and refer to at least two different concepts from this week's Chapters. Your illustration of concepts MUST include an explanation why you think they are relevant to the week's topic using specific information from the articles, videos and other research that you have done.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
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