Describe the recent rate of unemployment

Assignment Help Macroeconomics

Reference no: EM131554184

Discussion- US Unemployment

Review the data on employment available from the Bureau of Labor Statistics. Study the details in several of the historical tables of unemployment data.

1. Describe the recent rate of unemployment and how it has changed over the last year.
2. Explain what has driven the unemployment rate and any recent changes.
3. Describe the role of cyclical, structural and frictional unemployment in the current unemployment situation.
4. Forecast the unemployment rate over the next three years and explain your answer.
5. Describe steps the government should be making to improve the employment situation (if any).

Your posts must be substantive and must comment on, question, or challenge your classmates' thoughts.

Reference:

Text: The Macro Economy Today
Author: Schiller, B.
Publisher: McGraw-Hill
Ed/Year: 13th/2013
ISBN: 9780077416478.

Reference no: EM131554184

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