Grossmont Cuyamaca Unemployment and Inflation Check Point Questions
I’m working on a economics question and need an explanation and answer to help me learn.
Go to: the U.S. Bureau of Labor Statistics’ home page: https://www.bls.gov/ (Links to an external site.) and the California Employment Development Department Labor Market Info page: http://www.labormarketinfo.edd.ca.gov/ (Links to an external site.) and browse the websites to look up unemployment and inflation rate statistics and answer the following questions. You probably can also find the answers to the following questions at the Federal Reserve Economic Data (FRED) website: https://fred.stlouisfed.org/ (Links to an external site.)
Post: your answers to the following questions (Cite the websites you used to get the answers to this question):
a. What is the current rate of unemployment in the United States and in California?
b. Using the formula in your textbook, compute the current twelve-month (annual) rate of national inflation or report the twelve-month rate posted on the website.
c. What is the current rate of unemployment and inflation in the city of San Diego or in San Diego County?
