Personal Finance Lesson 144: Using Macroeconomic Data, Part II

The reasons why one would like to know how to interpret macro-economic data are several. The first one is that you’d like to know what’s going on to the country that you live in. The second one is so that you know when to buy what sort of commodity or good.

The BLS (Bureau of Labor Statistics has a lot of graphs and calculators about the most sought out information that most people want.

I’m going to include just one little formula, and it really is little. Here it is: # of unemployed/# in the labor force. This is the formula for finding the unemployment percentage. That’s it!

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