Where the u.s. economy is in the business cycle

Reference no: EM13753613

Comment on the current unemployment situation in the U.S.

A) What does the unemployment figure tell us about where the U.S. economy is in the business cycle? Explain.

B) What does the movement in the unemployment rate from the previous monthly figure tell us about where the economy is going in the business cycle? Explain.

C) Are deeper and more meaningful measures of labor market conditions necessary in order to comment more effectively on macroeconomic performance?

Reference no: EM13753613

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