Herzing University Online Macro Economics Questions

Description

Instructions

Find the unemployment rate

1. Go to the U.S. Bureau of Labor Statistics (Links to an external site.)website.

Then, look up the unemployment rate by clicking on “Economic Releases” and selecting “Employment and Unemployment”. Click on “Employment situation”. Then, click on “Table A-2 Employment status of the civilian population by race, sex and age” or “Table A-3 Employment status of the Hispanic or Latino population by sex and age,” whichever is appropriate.. Then, review any of the other links that you find interesting.
Compare each of these rates that pertains to you with the overall US unemployment rate. Write 3-4 sentences on the information you found. List anything that you found that is interesting or unusual as well.

2. Find the unemployment rates in Europe. Go to EuroStat Statistics Explained (Links to an external site.) website.

Review the written material as well as the charts on this website. Provide some data about Europe’s unemployment rate (2-3 sentences). Why are the rates of unemployment so much higher in some European countries? (2-3 sentences)

3. Go to the Sperling’s Best Places (Links to an external site.) website to compare cost of living.

Compare the cost of living in the town you live in with 3 other towns. Write a 3-5 sentence summary of the differences in the cost of living between the other towns. Conclude by stating whether or not you would be willing to move to any of these towns in the future.

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