Unemployment data is extremely interesting when broken down by race, gender, geographic area, or other defining characteristics because it tells a very different story than the simple nation
macro economics question
please its due tonight and make sure its your own word. I will be providing the question here with pictures also.
Unemployment by Race
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Unemployment data is extremely interesting when broken down by race, gender, geographic area, or other defining characteristics because it tells a very different story than the simple national average data. For instance, when we consider unemployment rates by race from 1975-2019.
(This data can be accessed from the bureau of labor statistics at www.bls.govLinks to an external site..)
By Thursday at 11:59 pm, carefully and thoroughly answer the following questions:
1. In a paragraph, explain what conclusions can be drawn from the time series data shown? (Explain what the data is showing.)
2. According to the data provided in the unemployment lecture video and the data provided in the attached below, explain these unemployment rate discrepancies? (Use the library databases to find a scholarly article that discusses this issue.)
Requirements: 250 words
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