Unemployment Rate
In Unit 6, we looked at the concept of the unemployment rate in Chapter 15. Look at the latest Employment Situation Report on the U.S. BUREAU OF LABOR STATISTICS website.
- What is the current unemployment rate?
- Has the unemployment rate increased or decreased from the previous month and year?
- Do you think that the unemployment rate is satisfactory, or should it be lower? Why?
- If it is lower or higher, what’s the cause? Please support your conclusion.
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