User Account

All Pages

Why is unemployment an economic problem

Assignment Help Macroeconomics
Reference no: EM13751404

The Unemployment Rate

Complete the following exercise

Visit the Bureau of Labor Statistics Web Site,

www.bls.gov/news.release/empsit.toc.htm . Select Employment Situation Summary.

Write a report (1-2 pages double - spaced) to answer the questions:

1. 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?

2. 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?

1. What are the noneconomic effects of unemployment?

2. Who loses from unemployment?

Verified Expert

A report was to be written on the basis of three data assignments. Thefirst question asked for evaluation from data from Bureau of LaborStatistics and discuss unemployment types and statistics. The secondquestion asked for evaluation from data from Bureau of LaborStatistics and discuss unemployment and inflation figures. The thirdquestion used data from the Economic Report of the President and askedfor charts and demographic division of unemployment numbers. The taskwas written in Microsoft Word and the data was described usingMicrosoft Excel.

Reference no: EM13751404

Questions Cloud

Prepares an annotated bibliography of representative work : Creating an Annotated Bibliography - The graduate prepares an annotated bibliography of representative works on educational theory, trends, and practices.
Research about the firms and the stock market : How are the stocks in your watch list performing since you first selected them? Speculate on reasons for each stock's performance and justify your analysis with research about the firms and the stock market in general.
What was the rate of inflation for the month : What was the rate of inflation for the month? How does that rate of inflation compare with the rate in the previous month?
What was context in which mather understood measles epdimic : What was the context in which Mather understood the measles epdimic? What lesson did he draw from his family's affliction?
Why is unemployment an economic problem : What factors make it difficult to determine the unemployment rate and why is unemployment an economic problem?
What type of methods were used in research a article : Find an example of a research article that used qualitative research methods. What type of methods were used? What were the strengths of this research design for addressing the research questions?
Compare the differences and similarities of theorists : Compare the differences and similarities of two of the key theorists mentioned in this week's Reading
Calculate the number of adopters of the new technology : An illegal cross-licensing agreement to share their patents, what common royalty rate should they charge each other to maximize their profits?
Do you believe that religion should be reason-based : Do you believe that religion should be reason-based, faith-based, or experience-based? In answering this question take care both to justify your view, and also to explain what the differences between these approaches are.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Ad as diagram and md ms diagram

Explain the effects of these shocks on the price level, real GDP, and the nominal interest rate.   Use an upward-sloping, short-run supply curve in your analysis.

  Why are financial institutions required to keep reserves

Describe two types of specialization in production. What are the economic advantages of specialization and what are political business cycles, and how could they be created?

  What will happen to exports and imports

Let's assume that thereare no trade barriers and exchange rates are freely fluctuating. At the same time, the European Union develops a technology that reduces the cost of production for most of their exporting products. Explain what will happen ..

  Does the standard deviation s do a good job of capturing

Consider a purely probabilistic game that you have the opportunity to play. Each time you play there are n potential known outcomes x1, x2, ..., xn (each of which is a specified gain or loss of dollars according to whether xi is positive or negati..

  A factory benefits from discharging effluent q into a lake

a factory benefits from discharging effluent q into a lake. the marginal benefit function is given by 60-2q. the

  What modifications of current approach would you recommed

Many economists have attempted to create a set of social accounts that would come closer to measuring the economic well-being of the society than does GDP. What modifications of the current approach would you recommend to them

  When earning negative economics profit

List and describe the fundamental characteristics of a perfectly competitive market. B) Should a competitive firm ever produce when it is earning negative economics profit Explain why or why not.

  How gdp is the best measure of living standard

Finding ways to improve humanity's living standards is the point of economics. Having a good measure of living standards, you may think, is therefore pretty fundamental to the discipline. For decades economists have turned to gross domestic produc..

  Statistical packages-linear regressions

The intent of this week exercise is to familiarize with EXCEL and to gain experience and practice in interpreting the output generated by most statistical packages (EXCEL) when linear regressions are run on a set of data.

  Language used between the educated and within literature

Until the twelfth century, Latin was the language used between the educated and within literature. Research and report on the origins of vernacular language, and its spread. Assess and evaluate the impacts the spread of vernacular languages on cul..

  Does each additional singing of song hurt more than prvious

Mylie's total utility from singing the same song over and over is 50 utils after one repetition, 90 utils after two repetitions, 70 utils after three repetitions, 20 utils after four repetitions, 250 utils after five repetitions, and 2200 utils af..

  What are the imporant economic relationships

What are the imporant economic relationships that can be derived from this expression related to the definition of GDP.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd