06 Jul WHAT WERE THE UNEMPLOYMENT RATES FOR ADULT WOMEN, TEENAGERS, BLACKS, HISPANICS, AND WHITES?
DATA EXERCISE #2
Format of the Project:
The Data Exercise must be posted to the LEO Student Assignments as a Attachments are limited to a maximum two files in doc, docx., xls. xlsx., or rtf. formats. OTHER FORMATS ARE NOT ACCEPTABLE, will not be reviewed or graded.
Please note that hand-written and scanned works, pdf. files, jpg. files, as well as files posted in google drive, will not be accepted or graded.
The paper should be written in APA style Research Paper format.
Please note that Use of APA Citation Methodology is required for all parts of the assignment
Written projects must be:
- typed, double-spaced, in 12-point Times New Roman or Arial font, with margins no wider than one inch
- have footnotes or endnotes, with correct citations
- have a bibliography of sources used
- include, for each entry, the author, title, city and state of publisher, publisher’s name, year, and page numbers
- prepared using word processing software (Microsoft Word preferred), in a manner similar to the preparation of a written assignment for classroom submission
DATA EXERCISE #2
Consists of three parts
Part 1: The Unemployment Rate (weight 30% of the assignment grade)
Complete the following exercise
Visit the Bureau of Labor Statistics Web Site, www.bls.gov/news.release/empsit.toc.htm (http://www.bls.gov/news.release/empsit.toc.htm). Select Employment Situation Summary.
Write a report (1 – 2 pages double spaced) to answer the questions:
- What month (and year) is summarized? What was the unemployment rate for that month? How does that rate compare with the rate in the previous month?
- What were the unemployment rates for adult women, teenagers, blacks, Hispanics, and whites? How did these rates compare with those a month earlier?
- What factors make it difficult to determine the unemployment rate?
- Why is unemployment an economic problem?
- What are the noneconomic effects of unemployment?
- Who loses from unemployment?
Part 2: The Inflation Rate (weight 30% of the assignment grade)
Complete the following exercise:
Visit the Bureau of Labor Statistics Web Site,
www.bls.gov/news.release/cpi.toc.htm (http://www.bls.gov/news.release/cpi.toc.htm). Select Consumer Price Index Summary.
Write a report (1 – 2 pages double spaced) to answer the questions:
- What month (and year) is summarized? What was CPIU for that month?
- What was the rate of inflation (percentage change in the CPIU) for the month? How does that rate of inflation compare with the rate in the previous month?
- Which two categories of goods or services had the greatest price increase for the month?
- Which two categories of goods or services had the lowest price increase (or greatest price decrease) for the month?
- Who loses from inflation?
Part 3: Unemployment Data by Labor Force Groups and Duration (40% of the project grade)
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