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. The accompanying graph depicts the labor force participation rate for teenagers in the United States over time. 2018-01-05 45.0 42.5 40.0 E 37.5 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
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. The accompanying graph depicts the labor force participation rate for teenagers in the United States over time. 2018-01-05 45.0 42.5 40.0 E 37.5 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
Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations
Section: Chapter Questions
Problem 2P
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