The BLS Reports the Unemployment Rate.
The Bureau of Labor Statistics, an agency within the Labor Department, is charged with figuring and communicating the unemployment rate, among other useful measures of the job market that impacts the U.S. economy.
The PDF below is a copy of the actual report. Peruse the report and consider the questions below.
Questions:
1. What was the unemployment rate, overall, in July 2020, and how did it compare with other recent months? With the rate one year ago?
2. What demographics does the BLS separate out for reporting and analysis? How did these demographic groups differ in employment?
3. What are some typical wages or salaries as described in the report?
4. What statistic or finding made the most impact on you as you read the report? Why?