Question Description
I’m studying for my Writing class and don’t understand how to answer this. Can you help me study?
Chapter 6 Current Event
Prepare an entry of a current events article related to macroeconomics and gross domestic product, inflation, unemployment, and the standard of living.. The current eventsentry of the news article should include: The title of the article, the author of the article, the date of the article, and the publication (i.e., the Wall Street Journal, Business Week, etc.). The entry should describe the article, indicate why you selected it (why the article was of interest to you), and discuss its relevance to a specific topic in the chapter 6. Be sure to include 1 question concerning any areas requiring clarification.
Chapter 7 Current Event
Prepare an entry of a current events article related to the Gross Domestic Product, national income, personal income, or disposable income. The current eventsentry of the news article should include: The title of the article, the author of the article, the date of the article, and the publication (i.e., the Wall Street Journal, Business Week, etc.). The entry should describe the article, indicate why you selected it (why the article was of interest to you), and discuss its relevance to a specific topic in chapter 7.
Unformatted Attachment Preview
Purchase answer to see full attachment
Explanation & Answer
View attached explanation and answer. Let me know if you have any questions.
Current Events Article/Video Entry
(Chapter 6)
Title of the Article: Falling Unemployment Could Add to Worries About the U.S. Labor Market
Author’s Name: Eric Morath
The Publication: The Wall Street Journal
Date of Article: 3rd October, 2021
The article highlights the demerits of falling unemployment to the economy. Despite a small
increase in the unemployment rate being a good signal, its rapid decline could indicate a lack of
job seekers that could adversely affect the economy's growth as it shows that people in the labor
market think it is not safe to go back to work. Morath points out that the unemployment rate is
above the last year’s February 50-year low of 3.5%. However, the figure is below its historic
average. Following the onset of the pandemic in early 2020, the...