ployment Part 1: Check Your Understanding- Use the graphs showing the US Civilian Unemployment Rate and the Civilian Labor Force Participation rate between 1965 and 2021 to complete the following. FRED - Unemployment Rate Percent 19 70 1975 1920 1995 2000 2005 2010 2015 2020 1. Using the graph above, identify three facts or trends regarding the unemployment rate. FRED - Labor Force Partic Type Here 2. The vertical gray bars represent recessions. Explain why the unemployment rate increases when there is a recession. Type Here 1970 1980 1990 2000 2010 2020 3. Identify two facts or trends regarding the labor force participation rate. Type Here 4. Identify a social change that may have influenced one of the trends you mentioned in your answer to question #3 Type Here 5. How would an increase in discouraged workers affect the labor force participation rate? Explain your reasoning. Type Here 6. Assume that your friend states that the spike in the unemployment rate in 2020 was the result of an increase in discouraged workers. Explain why your friend's statement is technically inaccurate. Type Here Video Help:https://youtube/916v15Wz6nY Copyright Jacob Clifford 2021. Annual license required Do not use unless you have purchased a license