Discussion Questions:

Rate:

Refer to the above information and the links (Unemployment

https://fred.stlouisfed.org/graph/?g=17fgG and Labor-Force Participation

Rate: https://fred.stlouisfed.org/graph/?g=17fgl) and document employment situation.pdf to

answer the following questions:

1. Explain which type of unemployment (cyclical or natural unemployment) was occurring

then (in 2020)? https://www.stlouisfed.org/education/economic-lowdown-video-

series/episode-10-unemployment

2. Discuss which type of unemployment (cyclical or natural unemployment) is occurring

presently around June and August 2023?

https://www.stlouisfed.org/education/economic-lowdown-video-series/episode-10-

unemployment