ECO 2013 Walden University Unemployment Rates Discussion
Question Description
I’m working on a macro economics discussion question and need an explanation and answer to help me learn.
First, go here: https://www.bls.gov/news.release/empsit.t14.htmLinks to an external site.
and view the unemployment RATES by industry and class of worker. Pick one category (e.g., construction, manufacturing, financial, education, professional, leisure, etc.) and compare the unemployment rate between the two years. Discuss what you think happened to either increase or decrease the unemployment rate.
2. How does the unemployment rate in the category you chose compare to another category? What does this tell you about the impact of the pandemic on various industries?
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