Question

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

Fig: 1