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Focus on Economic Data: The Unemployment Rate - January 2003
Source: Council for Economic Education (EconEdLink) | Type: Lesson
The unemployment rate for the month of January was 5.7 percent, a decrease of 0.3 percent from December. Total payroll employment increased by 143,000, as compared to a decline of 156,000 in December.
Grades:
Concepts:
- Deflation
- Economic Growth
- Economic Institutions
- Inflation
- Productivity
- Tools of the Federal Reserve
Standards:
- Economics 18: Macroeconomy-Income/Employment, Prices
- Economics 19: Unemployment and Inflation
- Economics 20: Monetary and Fiscal Policy
Related Resources:
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