Which metric of unemployment peaked first second third last

Assignment Help Microeconomics

Reference no: EM131938266

Problem

Using the Labor Force Statistics from the Population Survey Historical Data perform the following operations-

a. Using data from the A-15 alternative measures of labor underutilization historical seasonally adjusted data for all months from 2008-2018 create four separate graphs representing the U3, U4, U5, & U6 rate (use the BLS graph generating function then cut images and past into this Word file)

b. For the period of the great recession (12/07-6/09), which metric of unemployment peaked first, second, third, last? Based on this, which would serve optimally as a leading indicator of a recovery?

c. Assuming the Civilian Non-institutional Population grows at the same rate as our overall population (1% average per year), determine how many jobs must be added per month to ensure all new Civilian Labor Force participants have a job available. (Use the January 2018 labor force participation rate to solve this problem) Based on your data from the January 2018 Establishment Survey did we achieve this goal?

Reference no: EM131938266

Questions Cloud

How much work does the child do in lifting the dog : A Child in a tree house uses a rope attached to a basket to lift a 22-N dog upward through a distance of 4.7m into the house.

What is the momentum of the ball : What is the momentum of the ball when it is at the maximum height?

Explore the different forms of arguments and purpose : The readings this week explore the different forms of arguments and the purpose of each type.

How much time does the ball take to reach the ground : A 0.125 kg ball is projected with a velocity of 20m/s at an angle of 20° with respect to the horizontal. How much time does the ball take to reach the ground?

Which metric of unemployment peaked first second third last : Which metric of unemployment peaked first, second, third, last? Based on this, which would serve optimally as a leading indicator of a recovery?

Calculate the economic order quantity and the total costs : As the purchasing manager of a large school district, one of your tasks is to procure computer resources for classrooms

What is the most just type of society : What is the most just type of society? What would it be like? Provide details of the institutions it would include, and how you would ensure fairness.

What freedom of speech rights do employees have : A former BIGCORP, INC. employee says her supervisor fired her last week for refusing to remove an antiwar button from her shirt in the workplace.

Develop a chronological time line detailing the events : Select five major events/milestones in the development of clinical psychology. Develop a chronological time line detailing the events/milestones you chose.

User Account

All Pages