Question

We had to collect data on % change of unemployment rate in the last quarter of...

We had to collect data on % change of unemployment rate in the last quarter of 2019, and the first quarter of 2020 for three countries. I'm stuck at: Is there a time trend on the unemployment rate? Show them by building a graph using Excel.

I have the following data:

Last Quarter 2019 First Quarter 2020 % Change
USA 3.50% 4.40% 20.45%
CANADA 5.60% 7.80% 39.29%
INDIA 7.60% 7.80% 8.30%

Homework Answers

Answer #1

There appears to be an upward time trend to the unemployment rate in these three countries - USA, Canada, and India. As is also evident from the percentage change shown in column 4.

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