The Bureau of Labor stats is also a responsible for calculating the unemployment

Question

The Bureau of Labor stats is also a responsible for calculating the unemployment rate. Go to their page and summarize the employment situation(http://www.bls.gov/news.release/empsit.nr0.htm). a) what is the August 2015 unemployment rate? b) how does this compare to the July 2015 unemployment rate of 5.3 percent? The Bureau of Labor stats is also a responsible for calculating the unemployment rate. Go to their page and summarize the employment situation(http://www.bls.gov/news.release/empsit.nr0.htm). a) what is the August 2015 unemployment rate? b) how does this compare to the July 2015 unemployment rate of 5.3 percent? The Bureau of Labor stats is also a responsible for calculating the unemployment rate. Go to their page and summarize the employment situation(http://www.bls.gov/news.release/empsit.nr0.htm). a) what is the August 2015 unemployment rate? b) how does this compare to the July 2015 unemployment rate of 5.3 percent?

Explanation / Answer

According to the page (http://www.bls.gov/news.release/empsit.nr0.htm), In september 2015, unemployment rate in Sept 2015 is 5.1%. According to the household Survey Data, the employment rates for adult women was 4.7%, adult women 4.6%, 16.3% among teenagers, whites had 4.7 %, blacks had 9.2% , Asians had 6.4% and Hispanics 6.4%.

a.) According to the bereau of Labor stats,the unemployment rate in August 2015 was 5.1%.

b.) The unemployment rate of 5.3% in july is almost similar to that of august.

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