The Bureau of Labor Statistics (BLS), Department of Labor, publishes monthly Employment Situation reports. Read the most recent report and discuss what is happening to labor force, employment, and unemployment. Include in your discussions at least one of the following:
- The differences between total employment and payroll employment. Which measure do you feel is the most important indicator of the strength of the job market?
- The different measures of the unemployment rate (Table A-15). Which one do you believe is the best indicator of overall unemployment and why?
- The sectors of the economy where the most jobs are being created and the implications for the demand for labor over time.
- Unemployment rates by demographic characteristics-what might explain these differences?
- Trends in wages.
https://www.bls.gov/news.release/cpi.toc.htm (Links to an external site.)
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