(Answered) Go to the us bureau of labor statistics at httpstatsblsgov

Economics

Go to the US Bureau of Labor Statistics at (http://stats.bls.gov) or check othersources and get the following statistics for January 2007 and January 2013 (Youwill find it in a file called employment status of civilian populations; Look in thenot seasonally adjusted columns):

i) What is the size of the US civilian labor force?

ii) What is the number of unemployed people?

iii) What is the unemployment rate?

iv) Compute the change in the number of unemployed people as well as change in the unemployment rate.

In less than 5 sentences, what do you conclude from the difference?

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