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ERIC Number: EJ770125
Record Type: Journal
Publication Date: 2002
Pages: 2
Abstractor: ERIC
ISBN: N/A
ISSN: ISSN-0037-7996
EISSN: N/A
Available Date: N/A
A Mystery for High School Economics Students: How Can the Unemployment Rate Increase when the Economy Is Adding More Jobs?
Holahan, William; Schug, Mark C.
Social Studies, v93 n3 p138-139 May-Jun 2002
Economists use a variety of devices to measure the factors that influence the economy's overall performance. Some of the indicators that economists watch are overall price-level changes, levels of output, and the rate of unemployment, measures that are very often taught as part of the conventional curriculum in high school economics. Such measures, however, are often not well understood by teachers and students. In this article, the authors consider the unemployment rate as an example and offer a series of questions teachers can use to stimulate discussion about the unemployment rate, and about the fact that the unemployment rate can increase at the same time as more people are getting jobs. This activity emphasizes the fact that the unemployment rate, like any other economic measure, must be used carefully, as it is not always a clear signal of economic performance.
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Publication Type: Guides - Classroom - Teacher; Journal Articles
Education Level: High Schools; Secondary Education
Audience: Teachers
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A
Author Affiliations: N/A