Posted: November 9th, 2015

Macroeconomics

Macroeconomics

a.       Find unemployment data (Table B–12.—Civilian unemployment rate) for the following four years 1995,

2000, 2005, and the last available year. Use four labor force groups: males, and females, in each case 16 to

19 years of age, versus 20 years of age or over. Present the result in your project as a table. b.     Use

the Economic Report of the President (Table B–13.—Unemployment by duration and reason) to find data on the

duration of unemployment in 1995, 2000, 2005, and the last available year. Present the result in your project

as a table. Write a report (1-2 pages double-spaced) about the results you received.  In this paper consider,

but do not be limited to the following: Compare the distribution of unemployment by duration over these

years. What relationship, if any, do you find? Starting in the early 1990s many U.S. firms downsized their

operations. In your opinion, how did this affect the duration of unemployment? Demographic studies show that

the proportion of teenagers and minorities in the U.S. population is likely to increase in the near future.

In your opinion, what implications, if any, will this trend have on the natural rate of unemployment?

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