Unemployment Statistics Discussion

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Purpose:

Short answer questions allow you to clearly explain their understanding of specific topics within the associated module.

Directions:

Visit the Bureau of Labor Statistics Website at: https://data.bls.gov/timeseries/LNS14000000

  1. Create a table with the National Unemployment rates for the last three months (use the data for the most recent three months available). What trend(s) do you observe in the data? (1 point)
  1. Review table E-16. Unemployment rates by age, sex, race, and Hispanic or Latino ethnicity which is available from the BLS at: https://www.bls.gov/web/empsit/cpsee_e16.htm

Which two groups, overall, have the highest unemployment rate during the time period you covered in Part 1. (2 points)

For the age group 16 years and over, what reasons would you attribute to the disparities in the unemployment rates: (2 points)

  • Between the sexes (Male & Female)
  • Between the races (White, Black and Hispanic)
 
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