Explain how unemployment is calculated and what it is measuring.
PLEASE BE ADVISED THERE ARE TWO PARTS TO THIS ASSIGNMENT!!!
ECON 201 DF:
Listed below are the topic(s) I would likefor each of you to discuss throughout the week. Refer to materials when researchingthe topics for this Discussion Forum. Lastly, Put your writing intoyour own words, do not copy directly from the source.
In Weeks 2-8, you willbe approaching the discussion forums as if you were acity council member. Your replies to others will be from the perspective of aconcerned community member.
This week’s CityCouncil Scenario: Assume you are the economist for your localgovernment. While you have worked to solve the issue with the declining GDP yourealize you also have a rising unemployment rate.
- Explain how unemployment is calculated and what it is measuring.
- Explain why 0% unemployment is not the goal.
Task 1: Create a new discussion topic on orbefore the due date in the Course Syllabus -> Course Schedule byclicking the ‘**REPLY HERE**’ post below. In your reply, you will post yourresponse to the main topic. Your response should be a minimum of 150words. Going over the minimum word length requirement isacceptable; however, I am not looking for 500+ words!
Task 2: After you have created your newdiscussion topic and replied to the main topic, you will read andrespond to at least 2 participant responses (includes both learners andinstructor). Your main topic response and your participant responses needto be over two or more days. Remember to engage with participants throughmeaningful and relevant dialogue, which furthers the discussion. Incorporatewhat you have learned from the weekly reading material and from your ownreal-world experiences into your participant responses. Dont forget touse proper APA citations and references whenever necessary.
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