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H O W T O C A L C U L AT E
THE OFFICIAL
UNEMPLOYMENT RATE
BIG QUESTION
• How is the Labor Force calculated?
• This icon means DEVICES MUST BE POWERED OFF…and
placed in the upper-right-hand corner of your desk…upside
down.
• This icon means DEVICES MAY BE USED WITH MY
PERMISSION
• This icon means DEVICES MAY BE POWERED and placed in
the upper-right hand corner of your desk
OFFICIAL UNEMPLOYMENT (U3)
• Labor Force= # of employed + # of unemployed
• Labor force does not include
1. Stay-at-home parents
2. Full-time students (not looking for work)
3. Retirees
• MAIN Point: If you are unemployed AND stop LOOKING
for work…
…You drop out of the labor force
QUICK EXAMPLE
Obamastan
Population 700
Part-time Workers 100
Full-time Workers 300
Unemployed 50
Labor Force 450 =(100+300+50)
TEXT YOUR ANSWER TO 22333
TEXT YOUR ANSWER TO 22333
NOW TO COURSESITES
• You will now take a quiz on Coursesites.
• Please use your device and navigate to:
www.coursesites.com
Or open the Blackboard mobile App. When
prompted to search for school, enter
“Coursesites”
Login info: andress2014
Password: eagles
CLICK THE LOGIN BUTTON
Website Blackboard App
USERNAME: ANDRESS2014
PASSWORD: eagles
Website Blackboard App
CLICK: ANDRESS_ECON
Website Blackboard App
• Website: click “Practicum
Unemployment Quiz”
Blackboard App Step 1:
Click “Unemployment
Rate”
Step 2: Then click “Practicum
Unemployment Quiz”
THANK YOU
You can spend some time
exploring the coursesites course
Or I can answer questions

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Practicum Presentation

  • 1. H O W T O C A L C U L AT E THE OFFICIAL UNEMPLOYMENT RATE
  • 2. BIG QUESTION • How is the Labor Force calculated? • This icon means DEVICES MUST BE POWERED OFF…and placed in the upper-right-hand corner of your desk…upside down. • This icon means DEVICES MAY BE USED WITH MY PERMISSION • This icon means DEVICES MAY BE POWERED and placed in the upper-right hand corner of your desk
  • 3. OFFICIAL UNEMPLOYMENT (U3) • Labor Force= # of employed + # of unemployed • Labor force does not include 1. Stay-at-home parents 2. Full-time students (not looking for work) 3. Retirees • MAIN Point: If you are unemployed AND stop LOOKING for work… …You drop out of the labor force
  • 4. QUICK EXAMPLE Obamastan Population 700 Part-time Workers 100 Full-time Workers 300 Unemployed 50 Labor Force 450 =(100+300+50)
  • 5. TEXT YOUR ANSWER TO 22333
  • 6. TEXT YOUR ANSWER TO 22333
  • 7. NOW TO COURSESITES • You will now take a quiz on Coursesites. • Please use your device and navigate to: www.coursesites.com Or open the Blackboard mobile App. When prompted to search for school, enter “Coursesites” Login info: andress2014 Password: eagles
  • 8. CLICK THE LOGIN BUTTON Website Blackboard App
  • 11. • Website: click “Practicum Unemployment Quiz” Blackboard App Step 1: Click “Unemployment Rate” Step 2: Then click “Practicum Unemployment Quiz”
  • 12. THANK YOU You can spend some time exploring the coursesites course Or I can answer questions

Notas do Editor

  1. Poll Title: Romneystan has a population of 1000 citizens. There are 400 full-time workers and 300 part-time workers. There are 100 people current without a job and looking for work. Use your calculators to find the size of the labor force. http://www.polleverywhere.com/free_text_polls/TWr8Cdkt1FACiyK
  2. Poll Title: Choose the BEST answer. A person who has no job, but is looking for one is http://www.polleverywhere.com/multiple_choice_polls/xSHLoxuKJu8yh94