Use the link atBLS.govto visit the "Employment" page of the Bureau of Labor Statistics (BLS). Findto Labor Force Statistics in the Current Employment Statistics (CES).

Perform the indicated operations, and answer the following questions.

a. Retrieve data for Civilian Labor Force Level, Employment Level, and Unemployment Level. Can you identify periods of sharp cyclical swings? Do they show up in data for the labor force, employment, or unemployment?

b. Are cyclical factors important?

c. Select a price index. Take a look at the Consumer Price Index (CPI)at the BLS statistics on inflation intheAll ItemsPDF file. Identify periods during which you index accelerated or decelerated (or even fell). Do the indexes ever provide opposing implications about inflation and deflation?

Link >>>>>>>>>> https://www.bls.gov/ces/