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Macroecon
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Explanation & Answer
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Bureau of Labor Statistics June 2010 Report Exercise
The following table contains data that was a part of the June 2010 unemployment report released
by the Bureau of Labor Statistics (BLS). Utilize it to answer the following application exercise
questions:
Solution:
civilian labor force/ civilian noninstitutional population x 100
154, 393/237,499
= 0.6500 x 100
= 65.0%
So, the answer is c. 65.0%
Solution:
May: 65.0%
64.7 - 65.0 = -0.3 %
June: 64.7
Solution:
154,393-139,420
=14, 973 (Thousands)
Answer:
- 350 (Thousands)
Answer:
-301 (Thousands)
Answer:
The number of people decreased due to the weak labor market and economy during this time period,
w...