Unemployment and the Labor ForceALFRED Il Cvillan Labor Force Participation Rate: 16 to 19 years Vintage Ask FRED Let's examine the labor force participation rates of teenagers. 2018-01-05 45.0 42.5 40.0 The accompanying graph depicts the labor force participation rate for teenagers in the United States over time. E 37.5 g 35.0 32.5 30.0 27.5 2013 2014 2015 2016 2017 Source: U.S. Bureau of Labor Statistics b. In the peak month, approximately what percentage of teenagers are in the labor force? About What about in trough months? About Over the year, therefore, by approximately how much does the labor force participation rate of teenagers change? From peak to trough about % points

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations
Section: Chapter Questions
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Unemployment and the Labor ForceALFRED Il
Cvillan Labor Force Participation Rate: 16 to 19 years Vintage
Ask FRED
Let's examine the labor force
participation rates of teenagers.
2018-01-05
45.0
42.5
40.0
The accompanying graph depicts the
labor force participation rate for
teenagers in the United States over time.
E 37.5
g 35.0
32.5
30.0
27.5
2013
2014
2015
2016
2017
Source: U.S. Bureau of Labor Statistics
b. In the peak month, approximately what percentage of teenagers are in the labor force?
About
What about in trough months?
About
Over the year, therefore, by approximately how much does
the labor force participation rate of teenagers change?
From peak to trough about
% points
Transcribed Image Text:Unemployment and the Labor ForceALFRED Il Cvillan Labor Force Participation Rate: 16 to 19 years Vintage Ask FRED Let's examine the labor force participation rates of teenagers. 2018-01-05 45.0 42.5 40.0 The accompanying graph depicts the labor force participation rate for teenagers in the United States over time. E 37.5 g 35.0 32.5 30.0 27.5 2013 2014 2015 2016 2017 Source: U.S. Bureau of Labor Statistics b. In the peak month, approximately what percentage of teenagers are in the labor force? About What about in trough months? About Over the year, therefore, by approximately how much does the labor force participation rate of teenagers change? From peak to trough about % points
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