Macomb Community College Principle of Economics Discussion
by | Mar 13, 2022 | tenpr8172
Description
unemployment
As our economy was moving along, unemployment had fallen to the low end, and sometimes less, of the natural rate (4-6%) and inflation was low prior to the pandemic. How accurate is the current unemployment number and should we look at the labor force participation rate as a barometer for economic health? What industry sectors are experiencing higher unemployment? How long will it take to return to normal? Debate on the issue of the statistic from the aspect of what you, as a consumer, see in the economy. Please include one outside
academic style source
beyond the text to support your argument. (Do not define the types of unemployment)
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