Macroeconomic Concepts and Calculations: Labor Statistics, Unemployment, and Money Supply

Discussion on key macroeconomic indicators like unemployment and money supply.

Hunter Harris

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Macroeconomic Concepts and Calculations: Labor Statistics, Unemployment, and MoneySupplyCH 28:Problem 1:The Bureau of Labor Statistics announced that in January 2013, of all adult Americans,(143,322,000wereemployed),(12,332,000were unemployed),and 89,008,000werenot in thelabor force. Use this information to calculate:1. The adult population143,322,000+12,332,000+89,008,000= 244,662,0002. Thelabor force

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