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What is Unemployment, How is it Measured, and Why Does the Fed Care?

What is Unemployment, How is it Measured, and Why Does the Fed Care?

In this lesson, students read and interpret choropleth maps, which contain unemployment data. They compare verbal descriptions of the labor market from the Federal Reserve's Beige Book with the mapped data. In addition, students compare unemployment data for different years. Students access or observe how to access this data online.

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