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    Unemployment in the United States

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    Go to the Bureau of Labor Statistics website, www.bls.gov/news.release/empsit.toc.htm, and click on "Employment Situation Summary" to get the most up-to-date summary of unemployment in the U.S. or the "Employment Situation Summary Table A. Household data, seasonally adjusted." What interests or surprises you about the summary table? How does that rate compare with the rate in the previous month or quarter? Discuss the differences in unemployment rates by gender, age, education, etc.

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    Solution Preview

    One of the surprising things I find in the BLS data is the "Reason for unemployment" chart in the attached document.

    This chart shows that in Aug 2012 less people were job losers, reentrants and new entrants to the labor force and were unemployed than those same categories in July 2012. This would be favorable economic data. This chart also shows that from July-Aug more people are leaving their current job (job-leavers) which would ...

    Solution Summary

    Unemployment in the United States is examined. How the rate compares with the rate in the previous month or quarter is determined.