Economics

 

In this assignment, you need to analyze unemployment-related issues. You need to analyze only one issue (topic).

You are going to study the past trends, provide an overview of the  current status, and provide solutions to overcome any problems related  to the issue you are studying. You will use data, articles, and  government reports to draw a clear picture of the current unemployment  issues.

Topic (Unemployment rates among young college graduates) 

 Your research needs to be structured with consistent and clear thoughts.  It also needs to be supported by facts and data. Your results need to  be based on solid facts. Your conclusion and recommended solution need  to be thorough and based on your findings and understanding of  unemployment and GDP. 

 

Font Type: Times New Roman or Arial

Font Size: 12

Spacing: Double

Number of Pages: Six to seven pages, along with a separate Title page and a separate References page

 

Structure and Requirements

• Title Page
  
   
  • Title of the paper
  • Name of the author
  • E-mail address of the author
  • Class name
  • Professor's name
  • Date
    
     
• Introduction
  
  Include the following in your introduction.
  • A clear definition of unemployment and how and why it rises and declines in the economy
  • Briefly provide your understanding of the relationship between  economic growth (GDP growth), high/low unemployment, high/low wages, and  the way they impact one another.
  • An overview of the current unemployment rates in the economy using facts and statistics (tables or graphs)
  • A brief description of the unemployment-related issue (topic) that you are going to address in this paper
    
     
• Data
  
  Obtain data from at least two credible  sources (not Wikipedia) to provide facts about unemployment and wages  and their growth pattern and their current statuses.
  • Obtain data about changes in unemployment rates for a period of 10 years.
  • Obtain historical data (10 years or more) about GDP growth rate (percentage) and Real GDP volume (in dollar value).
  • Obtain historical data (10 years or more) about the issue (topic)  you are going to study in this paper, as well as data about its current  status.

Use tables, graphs, and figures to support your argument. You can find the latest unemployment data at www.bls.gov (Bureau of Labor Statistics).

• Analysis
  
  This section needs to contain the  following discussions based on the data that was gathered and your  understanding of unemployment and GDP.
  • Unemployment Rates: Discuss the trends of unemployment rates over  the past 10 years and provide your objective analysis of the changes in  unemployment and the current rates. Place extra emphasis on the periods  where unemployment was either too high or too low (higher or lower than  the natural rate of unemployment).
  • Issues (your choice): Discuss the unemployment-related issue.  Provide an overview of the trends and use facts to highlight the major  changes in the trends and the current status. State the reasons why you  believe the issue you are analyzing represents a challenge for the  economy.
    
     
• Conclusion and Solution
  
  This section needs to cover the following areas.
  • Highlight the causes of the issue that you selected and how it  impacts the economy negatively and why it needs to be addressed by  policy makers.
  • State your own solution. Basically, answer the following question.
    • What would you do to solve the issue you addressed if you were in charge of the U.S. economy? State why.
      
       
• Reference List
  
  Use at least five professional  sources to support your argument. The references need to be in APA  format.