This question requires effective research to gather pertinent labor market statistics. Consider the source of your data. Official labor market statistics are gathered into “jobs reports” by the United States federal governmental agency: the Bureau of Labor Statistics or BLS. (6 points.) a. Find the following statistics on employment in January, 2022: Unemployment rate: Labor Force Participation Rate: Employed population: c. Find the changes in each statistics from January, 2021 to January, 2022: Unemployment rate: Labor Force Participation Rate: Employed population: d. Find the changes in each statistics from January, 2010 to January, 2011: Unemployment rate: Labor Force Participation Rate: Employed population:
This question requires effective research to gather pertinent labor market statistics. Consider
the source of your data. Official labor market statistics are gathered into “jobs reports” by
the United States federal governmental agency: the Bureau of Labor Statistics or BLS. (6
points.)
a. Find the following statistics on employment in January, 2022:
Employed population:
c. Find the changes in each statistics from January, 2021 to January, 2022:
Unemployment rate: Labor Force Participation Rate:
Employed population:
d. Find the changes in each statistics from January, 2010 to January, 2011:
Unemployment rate: Labor Force Participation Rate:
Employed population:
e. Briefly compare the severity of the two recoveries citing relevant statistics.
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