Focus on Economic Data: The Unemployment Rate - August 2001
Source: Council for Economic Education (EconEdLink) | Type: Lesson
Students explore the concept of unemployment and the unemployment rate by examining current unemployment statistics and a wide range of backgound material. Specific topics include: the formal definition of the unemployment rate, current and historical unemployment rate statistics, interpretation of those statistics, an examination of the demographic breakdown of unemployment at different periods of time, the economic causes of unemployment, and possible actions the Federal Reserve Board can take in response to unemployment within the country.
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