Describe current number of individuals in the labor force, employed, and unemployed , and provide the unemployment
Question:
Describe current number of individuals in thelabor force, employed, and unemployed, and provide theunemployment rate in your state of choice and for Utah.
Calculate the 1-year percentage change in the number of people unemployed and the labor force for both states.
Discuss (Is unemployment and the labor force increasing or decreasing in each state? By how much? Do these state have high employment or unemployment (rate) compared to other states? Why do you think this is? Etc.)
Describe gender differences in labor force participation rates in Utah and the state of your choosing. Be sure to provide the labor force participation rate for men and women in both states.
Discuss why you think these differences exist, both by gender and by state.
Data Sources:
- Bureau of Labor Statistics (BLS): https://www.bls.gov/news.release/metro.t01.htmLinks to an external site. (be sure to look at the rows providing info on states rather than metro areas)
- US Department of Labor: https://www.dol.gov/agencies/wb/data/labor-force-participation-rate-by-sexLinks to an external site.
Modern Labor Economics Theory And Public Policy
ISBN: 9780132540643
11th Edition
Authors: Ronald Ehrenberg, Robert Smith