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Employment and Unemployment: Essay/Problem

The document provides employment data from the Bureau of Labor Statistics from 1996 to 2005. It includes the civilian noninstitutional population, civilian labor force, number of employed individuals, and number of unemployed individuals. The task is to analyze trends in the civilian labor participation rate, employed-population ratio, and unemployment rate over the 10-year period and write an essay discussing employment and unemployment trends as well as limitations of the data.

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29 views

Employment and Unemployment: Essay/Problem

The document provides employment data from the Bureau of Labor Statistics from 1996 to 2005. It includes the civilian noninstitutional population, civilian labor force, number of employed individuals, and number of unemployed individuals. The task is to analyze trends in the civilian labor participation rate, employed-population ratio, and unemployment rate over the 10-year period and write an essay discussing employment and unemployment trends as well as limitations of the data.

Uploaded by

قناه العرب
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOC, PDF, TXT or read online on Scribd
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Employment and Unemployment

Essay/Problem

Given the following information from the Bureau of Labor Statistics:

Given employment data


source: BLS

Year Year Year Year Year Year Year Year Year Year
(thousands) 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
Civilian Noninst. Pop.* 200591 203133 205220 207753 212577 215092 217570 221168 223357 226082
Civ. Labor Force* 133943 136297 137673 139368 142583 143734 144863 146510 147401 149320
Employed* 126708 129558 131463 133488 136891 136933 136485 137736 139252 141730
Unemployed* 7236 6739 6210 5880 5692 6801 8378 8774 8149 7591
* 16 years and older

Prepare a ten-year analysis of the Civilian Labor Participation Rate, the Employed-
Population ratio, and the Unemployment Rate.

Then based on your analysis, write an essay on unemployment and employment for the
10-year period.

Include in your essay a comparison of the civilian labor participation rate, the
employment-population ratio, and unemployment rate. Offer a plausible explanation for
the conclusions that you reach.

Also, include in the second part of your essay a discussion of what the above numbers do
not tell us about the employment picture during this ten-year period.

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