The condition of the labor market is a central focus of policy makers and

households. Let's consider the overall condition of the American market.

Go the website of the Bureau of Labor Statistics, and look at the current

summary of the employment situation of the United States

(

http://www.bls.gov/news.release/pdf/empsit.pdf

).

a)

Tables A and B summarizes the major labor data for the economy.

Look over the data and highlight in a paragraph or two what you

think is important over the past three months about labor conditions

from both the household and the establishment surveys.