Question

from the bureau of labor statistics web page, find the annual averages of the employment status of the civilian noninstitutional population form 1940 to date. Construct a table and chart showing the size of the civilian noninstitutional population, the civilian labor force, the number of employed, the number of unemployed, and the unemployment rates for 1969, 1982, 1992, 2000, 2003, 2007, 2011. Discuss how these variables differed in those time periods

Answer 1

1969-Civilian non institutional population-134,335;civilian labor force-80,734;employed-77,902;unemployed-2,832;unemployment rate-3.5

1982-Civilian non institutional population -172,271;civilian labor force-110.204;employed -99,526;unemployed-10,678. unemployment rate-9.7

1992-civilian non institutional-192,805;civilian labor force-128,105;employed-118,492;unemployed-9,613;unemployment rate-7.5

2000-civilian non institutional-212,577;civilian labor force-142,583;employed-136,981;unemployed-5,692;unemployment rate-4.0

2003-civilian non institutional-221,168;civilian labor force-146,510;employed-137,736;unemployed-8774;unemployment rate-6.0

2007-civilian non institutional-231,867;civilian labor force-153,124;employed-146,047;unemployed-7078;unemployment rate 4.6

2011-civilian non institutional-239,618;civilian labor force-153,617;employed-139,869;unemployed-13,747;unemployment rate-8.9

In those time periods , civilian non institutional increased;civilian labor force increased,employed increased upto 2007 but in 2011 it decreased;unemployed and unemployment rate fluctuated and at times increased and again decreased.