Provide a current evaluation of the status of the following:

unemployment rate in the United States,

inflation rate in the United States, and

labor force participation rate in the United States.

Indicate how the current status of these economic indicators is impacting the petroleum industry.

Provide a forecast (projecting at least 3 years into the future) of the following:

unemployment rate in the United States,

inflation rate in the United States, and

labor force participation rate in the United States.

Indicate how the forecast of these economic indicators will impact the petroleum industry if the forecast is correct.

 

The U.S. Bureau of Labor Statistics website helps find the  data for this assignment. Provide source links/websites used for the answers provided.

Answer rating: 100% (QA)

Current Evaluation Unemployment Rate in the United States As of October 2021 the unemployment rate in the United States was 46 This indicates a gradua... View the full answer