Throughout this week, we went over GDP, unemployment, and the labour force. I became aware of an important component of the labour market that I had previously been unaware of, which is the difference between those who are actively looking for work and those who are not. I learned that individuals who are not actively looking for a job are not considered a part of the labour force. Additionally, I learnt about the Consumer Prince Index (CPI) and how it compares price changes between years to help us detect inflation