(Q) The Unemployment Rate

Part 1: The Unemployment Rate (weight 30% of the assignment grade)Complete the following exerciseVisit 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 SituationSummary.Please note that using the data from previously published releases andsummaries will produce grade zero for this part of the project.Write a report (1 – 2 pages double spaced) in your own words to answer thequestions:
What month (and year) is summarized? What was the unemployment rate forthat 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?
Please analyze and discuss the significance of the data that you receivedfor this Data exercise.
Reflect on what you have learned from this exercise.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). You will be using ―Consumer Price IndexSummary‖ and the ―Table 1 Consumer Price Index for All Urban Consumers (CPI-U): U. S.city average, by expenditure category ―.Please note that using the data from previously published releases andsummaries will produce grade zero for this part of the project.Write a report (1 – 2 pages double spaced) in your own words to answer thequestions:
What month (and year) is summarized? What was the level of the CPIU for thatmonth? (See Table 1 ―Consumer Price Index for All Urban Consumers‖). What doesthis number represent?
What was the rate of inflation (percentage change in the CPIU) for the lastavailable month? How does that rate of inflation compare with the rate in theprevious month?
What was the rate of inflation (percentage change in the CPIU) for the last 12months for ―all items‖?
Which two categories of goods or services had the greatest price increase for thelast 12 months? Which two categories of goods or services had the lowest priceincrease for the last 12 months?
Which two categories of goods or services had the largest price decrease for thelast 12 months?
Who loses from inflation?
Who benefits from inflation?
Please analyze and discuss the significance of the data that you receivedfor this Data Exercise.
Reflect on what you have learned from this exercise.Part 3: Unemployment Data by Labor Force Groups and Duration (30% of theproject grade)Go to https://www.govinfo.gov/app/collection/erpThis is the home page of the Economic Report of the President.Click on the last available Report, scroll down, and download individual tables as Excel.Please note that using the data from previous Reports will produce grade zero forthis part of the project.
Find unemployment data (Table B–27.—Civilian unemployment rate) for eachyear 2000 to present. Use three labor force groups: men 20 years and over,women 20 years and over, both sexes 16 to 19 years of age.a. Present the result in your project as a table.b. Create one or more charts (line graph, bar graph, etc.).
Find unemployment data (Table B–27.—Civilian unemployment rate) for eachyear 2000 to present by educational attainment (25 years and over). Use thefollowing groups: less than an high school diploma; high school graduates, nocollege; some college or associate degree; bachelor’s degree and higher.a. Present the result in your project as a table.b. Create one or more charts (line graph, bar graph, etc.).
Use the Economic Report of the President (Table B–28.—Unemployment byduration and reason) to find data on the duration of unemployment for each year2000 to present.a. Present the result in your project as a table.b. Create one or more charts (line graph, bar graph, etc.).Write a report (2 pages double-spaced) in your own words about the results youreceived.In this paper consider, but do not be limited to the following:
Which years had the highest and lowest unemployment rates? How do the ratescompare among these groups?
Compare the unemployment rates by educational attainment. How do the ratescompare among these groups? What relationship, if any, do you find?
Compare the distribution of unemployment by duration over these years. Whichyears had the highest and lowest unemployment duration? What relationship, ifany, do you find?
Demographic studies show that the proportion of teenagers and minorities in theU.S. population is likely to increase in the near future. In your opinion, whatimplications, if any, will this trend have on the unemployment rate?
Please analyze and discuss the significance of the data that you receivedfor this Data exercise.
Reflect on what you have learned from this exercise.

regards to the osmosis of pieces into lumps. Mill operator recognizes pieces and lumps of data, the differentiation being that a piece is comprised of various pieces of data. It is fascinating regards to the osmosis of pieces into lumps. Mill operator recognizes pieces and lumps of data, the differentiation being that a piece is comprised of various pieces of data. It is fascinating to take note of that while there is a limited ability to recall lumps of data, how much pieces in every one of those lumps can change broadly (Miller, 1956). Anyway it’s anything but a straightforward instance of having the memorable option huge pieces right away, somewhat that as each piece turns out to be more natural, it very well may be acclimatized into a lump, which is then recollected itself. Recoding is the interaction by which individual pieces are ‘recoded’ and allocated to lumps. Consequently the ends that can be drawn from Miller’s unique work is that, while there is an acknowledged breaking point to the quantity of pi>
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