Unemployment rate for all workers in the u.s.


Http://stats.bls.gov/

Problem 1. First, state the most recent unemployment rate for all workers in the U.S.

Problem 2. Within the unemployment data are the recent unemployment rates for various groups in the U.S. (The unemployment rate is the percentage of that group that is IN THE LABOR FORCE, BUT UNEMPLOYED). I would like to look at five specific groups (for example teenagers, government workers, etc.) and record the rate for each of them as well as how they compare to the rate for the same time last year (use the seasonally adjusted rates).

Problem 3. Discuss whether you think that rate (NOT THE CHANGE, but the actual current rate) reflects mostly frictional, structural, or cyclical unemployment.

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Macroeconomics: Unemployment rate for all workers in the u.s.
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