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Real-Time Data Analysis Exercise The following table shows the annual averages of the employment level, unemployment level, and the labor force participation rate in the
Real-Time Data Analysis Exercise The following table shows the annual averages of the employment level, unemployment level, and the labor force participation rate in the United States in the years from 2009 to 2019. (Note: Adult population is for individuals 16 years and over, not in the military, and not institutionalized.) Use the data to complete the table. (Round your responses to two decimal places.) (You can use Excel to help with calculations by clicking the following icon and following the instructions by clicking here: Instructions.) Labor Force Adult (in Population thousands) (in thousands) Number Number Labor Force Unemployed Employed Participation Employment Unemployment Year in thousands) (in thousands) Rate Rate Rate 2019 5,989 157,529 63.1% % % 2018 6,308 155,760 62.9% % % 2017 6,979 153,334 62.8% % % 2016 7,757 151,439 62.8% % % 2015 8,294 148,845 62.7% % % 2014 9,602 146,319 62.9% % % 2013 11,457 143,941 63.3% % % 2012 12,499 142,475 63.7% % % 2011 13,739 139,885 64.1% % % 2010 14,808 139,077 64.7% % % 2009 14,295 139,894 65.4% % % * Real-time data provided by Federal Reserve Economic Data (FRED), Federal Reserve Bank of Saint Louis. The economy witnessed the sharpest change in the unemployment rate from O A. 2010 to 2011 a result of the rise in the Chinese economy. B. 2005 to 2006 as a result of the rise in the Chinese economy. OC. 2008 to 2009 as a result of the financial crisis that hit the United States starting in late 2007. D. 2009 to 2010 as a result of the financial crisis that hit the United States starting in late 2007
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