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write a 3-4 page paper on unemployment in United States (latest statistics)

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Raushan Raj
Raushan RajLv8
28 Sep 2019

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Related questions

To find current data for inflation and unemployment, please visit the Bureau of Labor Statistics web page at ( www.bls.gov ). On the right side of the home page is a column with Latest Numbers.

a. Click on the chart icon next to Unemployment Rate. What is the current rate of unemployment? How has the unemployment rate changed since 2008?

b. Going back to the home page, click on the chart icon next to Consumer Price Index. What is the current rate of inflation as measured by the CPI? What have been the trends in inflation since 2008?

c. Going back to the home page, click on Subjects and the Consumer Price Index. Then click on CPI Overview and answer the following questions:

i. What are the major groups (categories) of consumer expenditures that are included in the CPI?

ii. What prices are included in the CPI?

iii. What are three ways in which the CPI is used?

The prevalence of "at-will" employment contracts in the United States likely causes

A. lower levels of cyclical unemployment in the United States compared to most European countries.

B. higher levels of cyclical unemployment in the United States compared to most European countries.

C. the natural rate of unemployment to be lower in the United States compared to most European countries.

D. the natural rate of unemployment to be higher in the United States compared to most European countries.

Each month, usually on the first Friday of the month, the Bureau of Labor Statistics releases the Employment Situation Summary for the previous month. Go to www. bls. gov and find the latest report. On the Bureau of Labor Statistics home page, at the top of the page, select the Subjects tab, find “Unemployment, and select National Unemployment Rate. Click on News Releases on the left-hand side of the page and look for the Employment Situation Summary (open the pdf version).

Answer the following questions in standard essay format (introduction with a thesis statement, body paragraphs that include data to support points made, and conclusion). Write your answers in your own words. If you use a direct quote, be sure to use quotation marks and cite your source.

1. How does the current national unemployment rate compare to the rate one month earlier? One year earlier? What changes have occurred in the economy over the past year that would have influenced the unemployment rate?

2. How would you be counted in the employment figures? Why? Be specific.

3. Research to help you determine if our economy currently includes structural, frictional, or cyclical unemployment, keeping in mind that any combination of these three types of unemployment can be present at the same time. Be sure to support your position with data. This essay should be 1 to 2 double-spaced pages typed in a 12-point font. Conduct research and reference your sources both in the text and in a properly-formatted bibliography (MLA or APA format). Be sure to review the grading criteria for further details about how this essay will be graded.

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