The Labor-Market Experiences of Various Demographic Groups

Economics Assignment Help Online

The Labor-Market Experiences of Various Demographic Groups

This table shows the unemployment rate and the labor-force participation rate of various groups in the U.S. population for 2004..

The Labor-Market Experiences of Various Demographic Groups

The Labor-Market Experiences of Various Demographic Groups

but they have much higher rates of unemployment. Third, teenagers have lower rates of labor-force participation and much higher rates of unemployment than older workers. More generally, these data show that labor-market experiences vary widely among groups within the economy. The BLS” data on the labor market also allow economists and policymakers to monitor changes in the economy over time. Figure 2 shows the unemployment rate in the United States since 1960. The figure shows that the economy always has some unemployment and that the amount changes from year to year.

Other Similar Economics Assignments like

The Labor-Market Experiences of Various Demographic Groups