This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: increase or decrease in 2007? Year CPI 2005 200 2006 219 2007 237 3. What are the problems and limitations associated with the CPI? What are the consequences of them? 4. The Bureau of Labor Statistics reported that in June 2005, the labor force was 151.1 million, employment was 143.3 million, and the working-age population was 226.2 million. Calculate the unemployment rate and the labor force participation rate in June 2005. 5. In June 2005, the US labor force was 151.1 million, U.S. employment was 143.3 million and the U.S. working-age population was 226.2 million. In June of 2005 in Canada, the labor force was 17.1 million, employment was 15.7 million, and the working-age population was 25.1 million. Do you think that jobs are harder to find in Canada or in the United States? Why?...
View Full Document
This note was uploaded on 04/15/2011 for the course ECON 1101 taught by Professor Rappoport during the Fall '08 term at Temple.
- Fall '08