macroeconomics work

SCROLL down the page to Consumer Price Index and CLICK on HTML. Then, CLICK on Table 1: Consumer Price Index for all Urban Consumers (CPI-U): For the MOST RECENT MONTH, find the value of the Unadjusted Price Index Number for each of the following:

FoodEnergyAll items less food and energyNew VehiclesAlcoholic BeveragesTobacco and Smoking ProductsShelterMedical Care Services

What was the base year? (NOTE: The base year has a price index number equal to 100 and is always given in the TITLE of the table. Check FOOTNOTES where they are cited in the body of the table for different index years for specific items.) Summarize your findings. In doing so, compare the price index values. Which of the above has increased in price the most since the base year? Which has increased the least? Did any decrease? (NOTE: The base year has a price index number equal to 100. If the number is GREATER than 100, prices have gone UP since the base year. If the number is SMALLER than 100, prices have gone DOWN since the base year.) Why do you think this is so?

SCROLL down the page to Employment Situation Summary and CLICK on HTML. Then, CLICK on Table A-2. For the most recent month, using “Not Seasonally Adjusted” data, find the value of the Unemployment Rate for each of the following:

 White men, 20 years and olderWhite women, 20 years and olderWhite Both Sexes, 16-19 yearsAfrican American men, 20 years and olderAfrican American women, 20 years and olderAfrican American Both Sexes, 16-19 yearsAsians

Now, CLICK on RETURN and CLICK on Table A-3 for Hispanic or Latino ethnicity:

men 20 years and olderwomen 20 years and olderboth sexes 16-19 years

Now, CLICK on RETURN and CLICK on Table A-12 for Unemployed Persons by Duration of Unemployment. For the most recent month and the same month ONE YEAR EARLIER, using “Not Seasonally Adjusted” data, find:

the number who have been unemployed 27 weeks and overthe percent of those unemployed who have been out of work 27 weeks and over.

Finally, CLICK on RETURN and CLICK on Table A-15 for Alternative Measures of Labor Utilization. For the most recent month and the same month ONE YEAR EARLIER, using “Not Seasonally Adjusted” data,

find the official national unemployment rate using series U-3find the rate of the broadest measure of the underutilization of American labor using series U-6.identify which folks are included in U-6 and not in U-3

Summarize your findings. In doing so, compare the unemployment rates. Which of the above groups has the highest rate? lowest rate? Why do you think this is so? Compare the number and percent unemployed 27 weeks and longer over the past year. And compare the percent officially defined as unemployed with the broader percentage of folks in the population who are actually unemployed or underemployed over the past year. What do you find?