the-Bureau-of-Labor-Statistics
Review the data on employment available from the Bureau of Labor Statistics: http://www.bls.gov/cps/cpsatabs.htm. Study the details in several of the historical tables of unemployment data.
- Describe the recent rate of unemployment and how it has changed over the last year.
- Explain what has driven the unemployment rate and any recent changes.
- Describe the role of cyclical, structural and frictional unemployment in the current unemployment situation.
- Forecast the unemployment rate over the next three years and explain your answer.
- Describe steps the government should be making to improve the employment situation (if any).
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