Student Center | Instructor Center | Information Center | Home 
 
 
DiscoverEcon
Career Center
Web Resources
Wall Street Journal Newsletter
Current Events
Bonus Web Chapter
Updates
See the Math
Answers to Key Questions
Sept. 11 Aftermath
Econ GraphKit
Powerpoints
From The New York Times...
Chapter
 Origin of the Idea
 Analogies, Anecdotes, and Insights
Quiz One
Quiz Two
Web-Based Questions
 
Macroeconomics, 15/e
Campbell R. McConnell, University of Nebraska, Emeritus
Stanley L. Brue, Pacific Lutheran University
Chapter 8 Introduction to Economic Growth and Instability
 HOME

 
Web-Based Questions

Web-Based Questions


  1. Web-Based Question: The employment situation-write the news release Visit the U.S. Department of Labor website, stats.bls.gov/news.release/empsit.toc.htm, and look at the current employment situation summary for the latest month. Then rewrite the following paragraph. See also stats.bls.gov/cps/cps_faq.htm for the site’s FAQs (frequently asked questions). Employment (rose/fell/remained unchanged), and the unemployment rate edged (up/down/stayed unchanged) to (?) percent in the latest month. The jobless rate had (risen/ fallen/stayed unchanged) from (?) percent in (previous month) to (?) percent in (latest month). The number of payroll jobs (increased/ decreased/ was unchanged) by (? thousand) in the latest month, with widespread (gains/losses) in the (?) sector of the economy. Average weekly hours (declined/increased/ were unchanged), and average hourly earnings were (lower/higher/unchanged) over the month.


  2. Web-Based Question: Inflation and the "official CPI" Each month, the BLS releases thousands of detailed CPI numbers to the press. However, the press generally focuses on the broadest, most comprehensive CPI, called the official CPI. Go to the U.S. Department of Labor’s CPI FAQs (frequently asked questions) page at www.bls.gov/cpi/cpifaq.htm. Which index is the official CPI reported in the media? Look at stats.bls.gov/news.release/cpi.toc.htm and find the current figures for the official CPI: (a) index level (for example, December 2000 = 174.0); (b) 12-month percentage change (for example, December 1999 to December 2000 = 3.4 percent); and (c) 1-month percentage change on a seasonally adjusted basis (for example, from November 2000 to December 2000 =.2 percent).




Copyright ©2001 The McGraw-Hill Companies.
Any use is subject to the Terms of Use and Privacy Policy.
McGraw-Hill Higher Education is one of the many fine businesses of the The McGraw-Hill Companies.