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 include1. Stay-at-home parents2. 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

ObamastanPopulation 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: andress2014Password: eagles

CLICK THE LOGIN BUTTON

Website Blackboard App

USERNAME: ANDRESS2014PASSWORD: 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