Question
Go to the US Bureau of Labor Statistics at (http://stats.bls.gov) and get the following statistics for September 2019, September 2020, September 2021 and September 2022
Go to the US Bureau of Labor Statistics at (http://stats.bls.gov) and get the following statistics for September 2019, September 2020, September 2021 and September 2022 (You will find it in a file called employment status of civilian populations; Look in the not seasonally adjusted columns):
i) What is the size of the US civilian labor force?
ii) What is the number of unemployed people?
iii) What is the unemployment rate?
iv) Compute the change in the number of unemployed people as well as change in the unemployment rate. In less than what do you conclude from the differences across the years?
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