“Unemployment statistics
While watching the news, the news anchor says, “Unemployment statistics
released by the Department of Labor today show an increase in unemployment from 6.1 to 6.2%. This is the third month in a row where the unemployment rate has increased.” Your roommate says, “Every month there are fewer and fewer people with jobs. I don’t know how much longer the country can continue like this.”
1) Can your roommate’s statement be deduced from the unemployment rate statistic? Why or why not?
2) What information would you need to determine whether there are really fewer people with jobs?
3) Present your conclusion.