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We started macroeconomics and I thought finding an article about unemployment would hit the target! So this article discusses how the government keeps track of how many unemployed citizens there are. It's called the Current Population Survey which is conducted monthly by the federal Bureau of Labor Statistics. If you've ever heard of the Census, it's kind of like that. The article also looks at how the unemployment rates have increased or decreased throughout the years and how there are some citizens that do not fit either category "These people are not employed, but they also don't fit the government's definition of the unemployed." The government is searching for ways to improve unemployment.

This bring cross elasticity to a whole new level. Now that the elections in the US are done, it's sometimes hard to remember just how crazy campaigning can get. Candidates will grab at whatever statistics or new bits of knowledge that tell them how they're doing in the polls and or what they need to do to get ahead. This year, one of their focuses is...what kind of soda we drink? That's right, because cross elasticity is all about how two product correlate and the correlation between the president elect and your favorite soda has only like, what, 20, 30 degrees of separation? And you'd be surprised just how many other details of your life they'll look at to see where their target audience is. And these guys aren't the only ones trying to get an edge from such seemingly irrelevant information...

Consumer prices rose 2.8 percent from a year earlier, compared with 2.7 percent in January, the Office for National Statistics said in London today. The two major reasons for persistent increase in average price level are higher energy bills and a weaker pound. Housing, water, electricity and gas added 0.11 percentage point to annual inflation in February - the biggest upward impact. Investor confidence unexpectedly rose to a three-year high of 48.5 in March from 48.2 in February, which means higher aggregate demand and demand-pull inflation.