FU Unemployment Worksheet
Description
Prior to beginning work on this discussion,
- Read Chapter 8 of Macroeconomics: Private and Public Choice.
For this discussion, address the following questions:
- How is unemployment calculated, and what is and is not included?
- What were the unemployment numbers for the latest three quarters?
- Why is unemployment mentioned in business news so often and used as an important metric for our economy?
- What might cause the unemployment numbers to be questioned from an accuracy standpoint and a relevancy perspective?
- How is unemployment impacted by the phases of the business cycle?
Your initial response should be a minimum of 200 words. please cite references
Textbook reference
Gwartney, J. A., Stroup, R. L., Sobel, R. L., & Macpherson, D. A. (2018). Macroeconomics: Private and public choice (16th ed.). Retrieved from https://www.cengage.com
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