Question: 17)Real-Time Data Analysis Exercise The following table displays employment data fromFRED*forFebruary,2021.The values are in thousands of persons. *Real-time data provided by Federal Reserve EconomicData (FRED),
17)Real-Time Data Analysis Exercise
The following table displays employment data fromFRED*forFebruary,2021.The values are in thousands of persons.
*Real-time data provided by Federal Reserve EconomicData (FRED), Federal Reserve Bank of Saint Louis.
Title
Value
Unemployment 9,972 Civilian labor force 160,211
Employmentlevel part-time for economic reasons 4,723
When employed individuals become unemployed, the civilian labor forcedoes not change.
The civilian unemployment rate ispercent.
The civilian unemployment rate including persons who are underemployed (part-time for economic reasons) is ___ percent.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
