Below are data from the U.S. Bureau of Labor Statistics. Using this data, answer the followingquestions.U.S. DataNumber ofunemployed13,853,00012,646,000Month andNumber ofUnemploymentLabor forceemployed140,656,000rateyearApril 2009April 2012April 2015April 2018154,509,000141,899,0008.2%157,017,000148,491,0005.4%161,551,000155,216,0006,335,000(a) In April 2009, what was the unemployment rate? (in one decimal place)(b) In April 2012, how many people were in the labor force?(c) In April 2015, how many people were unemployed in the United States?(id In April 2018, what was the unemployment rate? (in one decimal place)

Unemployment rate is the number of unemployed people as a percentage of the labor force.

a) In April 2009, what was the unemployment rate? (in one decimal place) b) In April 2012, how many people were in the labor force? (c) In April 2015, how many people were unemployed in the United States? (id In April 2018, what was the unemployment rate? (in one decimal place)

a) In April 2009, what was the unemployment rate? (in one decimal place) b) In April 2012, how many people were in the labor force? (c) In April 2015, how many people were unemployed in the United States? (id In April 2018, what was the unemployment rate? (in one decimal place)

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter7: Production And Growth

Section: Chapter Questions

Problem 5CQQ

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