Question

3. Compare the unemployment rates for the latest results (after the corona virus pandemic) with last year's percentage

4. Provide a graph showing the unemployment for the last ten (10) years

(Hint: The X-axis should represent the years and the Y-axis the percentage rate of unemployment. You can attach a MS Word or Excel for the graph.)

Answer 1

3.

The unemployment rate in the US as of MAY 2020 is 13.3%, whereas the corresponding unemployment rate in the US as of MAY 2019 was 3.6%

4.

The annual unemployment (average of the monthly unemployment rate) for the period 2009 to 2019 is as follows:

The Monthly unemployment rate for 2009 to 2020 is as follows:

observation_date	UNEMPLOYMENT RATE(%)
2009-01-01	7.8
2009-02-01	8.3
2009-03-01	8.7
2009-04-01	9.0
2009-05-01	9.4
2009-06-01	9.5
2009-07-01	9.5
2009-08-01	9.6
2009-09-01	9.8
2009-10-01	10.0
2009-11-01	9.9
2009-12-01	9.9
2010-01-01	9.8
2010-02-01	9.8
2010-03-01	9.9
2010-04-01	9.9
2010-05-01	9.6
2010-06-01	9.4
2010-07-01	9.4
2010-08-01	9.5
2010-09-01	9.5
2010-10-01	9.4
2010-11-01	9.8
2010-12-01	9.3
2011-01-01	9.1
2011-02-01	9.0
2011-03-01	9.0
2011-04-01	9.1
2011-05-01	9.0
2011-06-01	9.1
2011-07-01	9.0
2011-08-01	9.0
2011-09-01	9.0
2011-10-01	8.8
2011-11-01	8.6
2011-12-01	8.5
2012-01-01	8.3
2012-02-01	8.3
2012-03-01	8.2
2012-04-01	8.2
2012-05-01	8.2
2012-06-01	8.2
2012-07-01	8.2
2012-08-01	8.1
2012-09-01	7.8
2012-10-01	7.8
2012-11-01	7.7
2012-12-01	7.9
2013-01-01	8.0
2013-02-01	7.7
2013-03-01	7.5
2013-04-01	7.6
2013-05-01	7.5
2013-06-01	7.5
2013-07-01	7.3
2013-08-01	7.2
2013-09-01	7.2
2013-10-01	7.2
2013-11-01	6.9
2013-12-01	6.7
2014-01-01	6.6
2014-02-01	6.7
2014-03-01	6.7
2014-04-01	6.2
2014-05-01	6.3
2014-06-01	6.1
2014-07-01	6.2
2014-08-01	6.1
2014-09-01	5.9
2014-10-01	5.7
2014-11-01	5.8
2014-12-01	5.6
2015-01-01	5.7
2015-02-01	5.5
2015-03-01	5.4
2015-04-01	5.4
2015-05-01	5.6
2015-06-01	5.3
2015-07-01	5.2
2015-08-01	5.1
2015-09-01	5.0
2015-10-01	5.0
2015-11-01	5.1
2015-12-01	5.0
2016-01-01	4.9
2016-02-01	4.9
2016-03-01	5.0
2016-04-01	5.0
2016-05-01	4.8
2016-06-01	4.9
2016-07-01	4.8
2016-08-01	4.9
2016-09-01	5.0
2016-10-01	4.9
2016-11-01	4.7
2016-12-01	4.7
2017-01-01	4.7
2017-02-01	4.6
2017-03-01	4.4
2017-04-01	4.4
2017-05-01	4.4
2017-06-01	4.3
2017-07-01	4.3
2017-08-01	4.4
2017-09-01	4.2
2017-10-01	4.1
2017-11-01	4.2
2017-12-01	4.1
2018-01-01	4.1
2018-02-01	4.1
2018-03-01	4.0
2018-04-01	4.0
2018-05-01	3.8
2018-06-01	4.0
2018-07-01	3.8
2018-08-01	3.8
2018-09-01	3.7
2018-10-01	3.8
2018-11-01	3.7
2018-12-01	3.9
2019-01-01	4.0
2019-02-01	3.8
2019-03-01	3.8
2019-04-01	3.6
2019-05-01	3.6
2019-06-01	3.7
2019-07-01	3.7
2019-08-01	3.7
2019-09-01	3.5
2019-10-01	3.6
2019-11-01	3.5
2019-12-01	3.5
2020-01-01	3.6
2020-02-01	3.5
2020-03-01	4.4
2020-04-01	14.7
2020-05-01	13.3