Is decline in unemployment equal to increase in employment

Reference no: EM131145829

Go to the Web site maintained by the U.S. Bureau of Labor Statistics (www.bls.gov). Find the latest Employment Situation Summary. Look under the link "National Employment."

a. What are the latest monthly data on the size of the U.S. civilian labor force, on the number of unemployed, and on the unemployment rate?

b. How many people are employed?

c. Compute the change in the number of unemployed from the first number in the table to the most recent month in the table. Do the same for the number of employed workers. Is the decline in unemployment equal to the increase in employment? Explain in words.

Reference no: EM131145829

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