Preview

Bureau Of Labor Economics: Questions And Answers

Satisfactory Essays
Open Document
Open Document
326 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Bureau Of Labor Economics: Questions And Answers
1) Go to the Bureau of Economic Analysis's Webb site (www.bea.gov) and locate the gross domestic product data. Compare the annual figure for the last four years. What do the figures indicate for the next couple of years?
In 2007 it was 4.9%, in 2008 it was 1.9%, in 2009 it was -2.5%, in 2010 it was 4.2%. 2011 is not yet out.
These numbers indicated a rapid decrease and a rapid bounce back. I think for the next couple of years, the figures will rise again before a decrease comes again. 2) At the Bureau of Labor Statistics' Web site (www.bls.gov) under Industries, click on Industries at a Glance to find the information about the manufacturing industry. What is the employment trend in manufacturing over the last four years (percentage change

You May Also Find These Documents Helpful

  • Better Essays

    3. What is the current rate of unemployment (See bls.gov and indicate the month you are reporting)? How rapidly has GDP grown during the past 3 quarters? (See bea.gov and state the quarterly growth rate for each of the last three quarters) Is the economic growth high enough to validate the Keynesian view? Explain.…

    • 833 Words
    • 4 Pages
    Better Essays
  • Better Essays

    Nt1310 Unit 7 Case Study

    • 1377 Words
    • 6 Pages

    end of 2006 to 11 percent by the end of 2008. Morgan Stanley reported that, in…

    • 1377 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    ACC 230 Entire Course

    • 1473 Words
    • 6 Pages

    A review of 2- to 3-year trends and an analysis of positive and negative trends…

    • 1473 Words
    • 6 Pages
    Satisfactory Essays
  • Satisfactory Essays

    2) Refer to Table 19-3. Consider the data above (in billions of dollars) for an economy: Gross domestic product (in billions of dollars) for this economy equals…

    • 1248 Words
    • 5 Pages
    Satisfactory Essays
  • Good Essays

    Eco 372 Week 1 Dq1

    • 1399 Words
    • 6 Pages

    Identify economic factors that affect the real GDP, the unemployment rate, the inflation rate, and a key interest rate. How do you predict the economy will perform in the next two years given the current state of two of the economic factors you identified? How might your organization be affected by these changes?…

    • 1399 Words
    • 6 Pages
    Good Essays
  • Good Essays

    While, the inflation rate in the United States was recorded at 1.4 percent in July of 2012. Historically, from 1914 until 2012, the United States Inflation Rate averaged 3.4 percent reaching an all time high of 23.7 percent in June of 1920 and a record low of -15.8 percent in June of 1921 ("United states gdp," 2012). Possible decision is to have the government utilize an…

    • 621 Words
    • 3 Pages
    Good Essays
  • Better Essays

    of 38% in 2002, even further to 60% in 2011 (Groth). Over the last 20 years, the stagnance in…

    • 952 Words
    • 2 Pages
    Better Essays
  • Good Essays

    Actg351 Hw1

    • 995 Words
    • 4 Pages

    2011 350,000 3,150,000 3,500,000 10.00% 2012 2,500,000 1,700,000 4,200,000 59.52% 2013 4,250,000 0 4,250,000 100.00% 1,619,200 1,669,200 -50,000…

    • 995 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    United States Department of Labor Case Study Hector Ortiz Dr. Davis HRM 533 Strayer University December 12, 2014…

    • 1456 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    The research from Chandler Macleod Group (CMG) indicates that due to the global financial crisis and ineffective communication, employees are facing redundancy risk from employment, within a large number of them are planning for a new job. Based on the articles, there are two main types of job suppliers who are admin staff and generation Y facing the risk of employment. According to Olsen (2010) states that as a result of the employer’s insufficient treating; over half of the administration and office workers are planning to hunt for a job opportunity. On the contrary, most of reception staff choice to stay because of the encouragement and compensation from employer. Meanwhile, Clarke (2010) points out that the employment market of…

    • 748 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    relatively to the late 1990s and early 2000s it is expected to grow at a rate faster than the…

    • 1584 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    The U.S Bureau of Labor Statistics is a federal government agency that collects, analyzes and provides the public with statistics data of labor economics within the US and some foreign countries. The Bureau of Labor Statistics provides statistical data on things such as: how American spend time and money, inflations, workplace violence and injury, wages, business costs to jobseeker resources. The site is arranged by topics that are further broken down into subcategories like gender, geographical region, ethnicity, etc. I found both the wage information for women and minorities as well as the jobseeker resources and statistics to be very useful for future career planning and self-enlightenment. Nevertheless, the information provided by the…

    • 190 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Bp and Oil Spill

    • 1005 Words
    • 5 Pages

    by 10 percent (relative to 1990 levels) by 2010.29 In 2002, a new target of no in-…

    • 1005 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    The Dominican Republic

    • 775 Words
    • 4 Pages

    estimated to be at 1.71% for the next couple of years until the year 2000.…

    • 775 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    in 1980-81 to about 0.257 in 2005-06 both at an overall level as well in almost all…

    • 7570 Words
    • 31 Pages
    Powerful Essays