What are some current trends in the labor market What are th

What are some current trends in the labor market?

What are the current unemployment rate trends?

In what year was there the biggest climb in employment? In what year was there the sharpest decline?

Compare the employment situation during recent months to the same months in the previous years.

Describe the correlation between unemployment and real GDP.

Conduct outside research, if necessary.

Describe the changes in percentage terms and relate the changes in employment to the growth of the U.S. economy.

1) The labor market has seen highest rise in uemployment number from 2008

2) Currently unemployment is very high

3) Biggest climb in employment is from 1994 to 1995. Sharpest decline is in 2008

4) In recent months unemployment is decreasing steadily but in same months last year it was increasing

5) Unemployment and GDP are invesely related, If Unemployment rises GDP will fall, if GDP falls unemployment rises

6) US economy growth in 2011 is 1.6 %, Inflation is 3.6 % Real growth is -2.0%

Unemployment is 8.7%.