Exploring Unemployment

1. The Department of Labor explains how the unemployment rate is computed at: <stats.bls.gov/cps/cps_htgm.htm>. How well did the reading explain the process? Was there anything important that was left out?

2. The reading presented U.S. unemployment data for 1982. Although 1982 was an interesting year, it was a long time ago. What would this table look like with current data? You can find unemployment data in several places. One is <stats.bls.gov/eag/eag.us.htm>. (You may have to click a button or two to get the data you need.)

a. Update the table in the reading selection with the most current data.
b. What has been happening to unemployment during the past year?

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