This video mainly focuses on the U3 Unemployment Rate, but it also shows the influence of labor force participation on the U3 rate. While not specifically noting the U6 rate, it does refer to other rates that provide a more accurate picture, that is a reference to the U6 rate.
Note: The video has Closed Captioning. To activate it, start the video, mouse over the bottom of the video and click on the CC icon, then select from the menu.
This video mainly focuses on the U3 Unemployment Rate, but it also shows the influence of labor force participation on the U3 rate. While not specifically noting the U6 rate, it does refer to other rates that provide a more accurate picture, that is a reference to the U6 rate.
Note: The video has Closed Captioning. To activate it, start the video, mouse over the bottom of the video and click on the CC icon, then select from the menu.
This week we are going to look into the labor market in some depth. We shall be examining unemployment as well as the labor force participation rate.
This week you will examine the U3 unemployment rate (often called the Headline Rate because it is the one most often reported by the media) and the U6 unemployment rate (a more inclusive measure of unemployment) in detail. This activity will give you a deeper understanding of the different unemployment measures available to analyze what is occurring in the national labor market.
Assignment Summary:
Watch the above video and the first four (4) videos under the Week 3 videos above.
Go to the Bureau of Labor Statistics (BLS) and find the current:
labor force participation rate
the U3 (Headline) unemployment rate, and,
the U6 unemployment rate.
What are the differences between the U3 and U6 unemployment rates? Note not only the unemployment rate percentages, but also who is counted in each of the two measures.
After examining the information and views found in the above activities, what factors are contributing to the current low unemployment rate and current low labor participation rate? Support your view with data from the BLS (historical and current), information from the readings and the videos and concepts from the textbook readings (chapters 28-31).
Post your views to the discussion board and refer to at least three different concepts from this week’s Chapters. Your illustration of concepts MUST include an explanation why you think they are relevant to the week’s topic using specific information from the articles, videos and other research that you have done.
MAKE SURE THAT YOU ADD SOMETHING NEW to the discussion.
Read the introduction I posted in the discussion, post on three different days for a minimum of three posts. Failure to meet these minimum posting requirements results in point loss.
Include a word count on each post. All of your posts should sum to a minimum of 500 words.
Each post submitted should be between 150 and 250 words. Keep them short, specific, and clear.
Use paragraphs as appropriate.
Very lengthy posts do not provide an incentive to be read.
Every post must be detailed, and relevant to the week’s topic. Add something new to the discussion. Don’t wait to last minute. Your first post must be on or before Thursday to get full credit.
Respond to your classmates’ posts, whenever possible, rather that start a new Discussion thread that says essentially what has been said already. Too often, students start new threads in the Discussion, rather than expand on what has been posted. It is imperative that the conversation be interactive, for us to get the full benefit of each other’s insights.
Answer additional questions posted by the professor.
Remember to document all use of sources by using citations and references. These should be in
Apa format Apa format – Alternative Formats
Please review Plagiarism PowerPoints ( PLAGIARISM.ppt PLAGIARISM.ppt – Alternative Formats ) and be sure to provide references, including URLs where appropriate, to all works that you cite.
Discussion grading criteria: Discussion Rubric ECO2013.docx Discussion Rubric ECO2013.docx – Alternative Formats
Threaded Discussion Grading Rubric
Maximum percentage possible
To receive full credit:
Frequency
30%
Minimum of three posts in three different days.
The first comment must be posted by Thursday.
Each comment must have between 150 and 250 words.
All of your posts should have a minimum of 500 words.
Critical Analysis
30%
Posts display an excellent understanding of the required readings.
Posts display an excellent understanding of the underlying concepts including correct use of terminology.
Posts integrate an outside resource, or relevant research, or specific real-life application (work experience, prior coursework, etc.) to support important points.
No more than 10% of the postings are a direct quotation. All sources need to be documented by using citations and references in APA style.
Participation in leraning community
30%
Discussion posts actively stimulate and sustain further discussion by building on peers’ responses including
— building a focused argument around a specific issue or
— asking a new related question or
— making an oppositional statement supported by personal experience or related research.
Written interactions show respect and an interest in the viewpoints of others.
Quality of writing
10%
Sentence structures are complex and contain no errors.
Posts are free of grammatical problems.
Posts contain an excellent use of word choice.
Posts are free from spelling mistakes.
The meanings of the sentences are very clear.
Now click on the “Week 1 DISCUSSION” title above to go to the discussion forum. You can start a new thread by clicking on the Create Thread button at the top. You can also respond to an existing post by clicking the Respond button at the bottom of the post.
There are also two responses I have to make to students, but have to finish this to see the others. Then can post two that I would like answered.
