*your answers should be more than a regurgitation of the article, explain as if you were talking to someone who knows nothing about economics and is trying to understand what the article means.

*you may need to login to your WSJ account to view the article.

Read this article https://www.wsj.com/articles/september-jobs-report-unemployment-rate-economy-growth-2022-11665091101?st=u8w7wldfibbavy4&reflink=desktopwebshare_permalink

(pdf Download pdf)and answer the following questions:

1. The current unemployment rate went down from 3.7% to 3.5%, in general is that good or bad?

2. What is our goal level for the unemployment rate? Explain.

3. Using the equation for the Unemployment Rate, explain why the unemployment rate decreased from the prior month.

4. Explain why the decrease in the unemployment rate might be viewed positively.

5. Explain why the decrease in the unemployment rate might be viewed negatively.