Chamberlain ECON 312 ECON312 Week 6 Discussion Unemployment

Chamberlain ECON 312 ECON312 Week 6 Discussion Unemployment

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ECON 312 Week 6 Discussion Unemployment (Chamberlain College of Nursing)

Go to the Bureau of Labor Statistics website, www.bls.gov/news.release/empsit.toc.htm, and click on "Employment Situation Summary" to get the most up-to-date summary of unemployment in the U.S. or the "Employment Situation Summary Table A. Household data, seasonally adjusted." What interests or surprises you about the summary table? How does that rate compare with the rate in the previous month or quarter? Discuss the differences in unemployment rates by gender, age, education, etc.

What is meant by the labor force participation rate?