Unemployment Assignment

docx

School

Liberty University *

*We aren’t endorsed by this school

Course

214

Subject

Economics

Date

Jan 9, 2024

Type

docx

Pages

Uploaded by i1so1cool1

Economic Indicator: Unemployment Assignment John Lytle Liberty University ECON214: Principles of Macroeconomics Professor James Ibe November 13, 2023

Economic Indicator: GDP Assignment During October 2023, the unemployment rate in the United States was 3.9%, a modest increase from the 3.8% of the month prior (U.S. Bureau of Labor Statistics, 2023a). Despite this, the unemployment rate remains exponentially lower than the predicted 4.6% from December 2022 (Lahart, 2023). Throughout October, approximately 150,000 jobs were added, significantly below the monthly average of 258,000 over the past 12 months (U.S. Bureau of Labor Statistics, 2023b). One reason for the lull in employment is a result of the Autoworker strike, where nearly

30,000 workers went on strike demanding higher wages ( CES Strike Report: U.S. Bureau of Labor Statistics , 2023).

Your preview ends here

Eager to read complete document? Join bartleby learn and gain access to the full version

Access to all documents
Unlimited textbook solutions
24/7 expert homework help

References Lahart, J. (2023, November 3). The Improbably Strong Economy . WSJ. https://www.wsj.com/economy/jobs/the-improbably-strong-economy-a5c6bc38? mod=Searchresults_pos3&page=1 U.S. Bureau of Labor Statistics. (2023). Civilian unemployment rate . Bls.gov; U.S. Bureau of Labor Statistics. https://www.bls.gov/charts/employment-situation/civilian-unemployment-rate.htm U.S. Bureau of Labor Statistics. (2023b). The Employment Situation - September 2023. In Bureau of Labor Statistics (pp. 1–2). Bureau Of Labor Statistics. https://www.bls.gov/news.release/pdf/empsit.pdf CES Strike Report: U.S. Bureau of Labor Statistics . (2023, October 27). Www.bls.gov. https://www.bls.gov/ces/publications/strike-report.htm

Related Documents

Case 3-UP NY Dinner.docx

Week 2 Apply - Question 2.png

November 25.docx

4 stats 1.docx

The Functions of Money Assignment.docx

Economic Indicator GDP Assignment.docx

Biblical Application Taxes Assignment.docx

R&Z Forum Post.docx

Discussion Thread Market Structure.docx

Discussion Thread Economic Basics.docx

Unit 2C Practice Problems.pdf

Unit3MGMT601NOTES.docx

Recommended textbooks for you

Macroeconomics: Private and Public Choice (MindTa...

Economics

ISBN:9781305506756

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:Cengage Learning

Economics: Private and Public Choice (MindTap Cou...

Economics

ISBN:9781305506725

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:Cengage Learning

MACROECONOMICS FOR TODAY

Economics

ISBN:9781337613057

Author:Tucker

Publisher:CENGAGE L

Survey Of Economics

Economics

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Cengage,

Economics For Today

Economics

ISBN:9781337613040

Author:Tucker

Publisher:Cengage Learning

Economics (MindTap Course List)

Economics

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Cengage Learning

SEE MORE TEXTBOOKS

Recommended textbooks for you

Macroeconomics: Private and Public Choice (MindTa...
Economics
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:Cengage Learning
Economics: Private and Public Choice (MindTap Cou...
Economics
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:Cengage Learning
MACROECONOMICS FOR TODAY
Economics
ISBN:9781337613057
Author:Tucker
Publisher:CENGAGE L
Survey Of Economics
Economics
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Cengage,
Economics For Today
Economics
ISBN:9781337613040
Author:Tucker
Publisher:Cengage Learning
Economics (MindTap Course List)
Economics
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Cengage Learning