Complete the following exercise
Visit the Bureau of Labor Statistics Web Site, www.bls.gov/news.release/empsit.toc.htm
(http://www.bls.gov/news.release/empsit.toc.htm). Select Employment Situation
Summary.
Please note that using the data from previously published releases and
summaries will produce grade zero for this part of the project.
Write a report (1 - 2 pages double spaced) in your own words to answer the
questions:
- What month (and year) is summarized? What was the unemployment rate for
that month? How does that rate compare with the rate in the previous month? - What were the unemployment rates for adult women, teenagers, blacks,
Hispanics, and whites? How did these rates compare with those a month earlier? 3.
What factors make it difficult to determine the unemployment rate? 4. Why is
unemployment an economic problem? - What are the noneconomic effects of unemployment?
- Who loses from unemployment?
- Please analyze and discuss the significance of the data that you received
for this Data exercise. - Reflect on what you have learned from this exercise.