Who is unemployed
Who is unemployed?
Directions: In order to better understand the unemployment situation in the present economy, you will research statistics and data, just as an economist would. Most of the data on the nation’s unemployment conditions can be found in the federal government’s Bureau of Labor Statistics website. You may use other sources of information if needed.
1. Work individually or with one partner (your choice).
2. Before going to the BLS website, examine the questions to make sure you understand the information being requested.
3. Please complete this using powerpoint. You will email this to me @ jrpintar@clarkston.k12.mi.us
a. In the subject put Unemployment PowerPoint
4. Title each slide with the question or statement.
Answer the following questions. Each question/number should be on a different slide:
1. What is the definition of the labor force?
o
2. Read the article and answer the title of the article.
3. How does the government calculate the unemployment rate?
o
4. What is a discouraged worker?
o
5. Define the four different types of unemployment (names and definitions)?
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6. Which type of unemployment do you believe is affecting metro-Detroit the most? Explain.
7. What is the current national unemployment rate?
• (all info needed is on the right-hand side of the page)
8. What is the current unemployment rate in Michigan?
• (all info needed is on the right-hand side of the page)
9. How does the unemployment rate in our county compare (use figures / numbers) to the national unemployment?
• (click on the blue Counties tab and then select our state)
10. How does Michigan’s unemployment rate compared to surrounding Mid-Western states–Ohio, Indiana, Illinois, Wisconsin, and Minnesota?
• You should show data from all 5 states.
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11. Definition of underemployed
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12. According to this article: What is the “real” unemployment rate? And how is it defined?
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13. How does Michigan’s underemployment compare to the surrounding Mid-Western states—Ohio, Indiana, Illinois, Wisconsin, Minnesota?
• You should show data from all 5 states.
•
14. Read and answer: Do you believe it is more important to look at the “real” unemployment rate or the tradition unemployment rate? Explain.
15. Read and make two claims with supporting evidence, very similar to what we did in the GDP article.
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