Jobs, Jobs, Jobs

Here is a problem similar to those in the last two posts; this one is based on a graph. The numbers are a little hard to read (sorry), but perhaps we do not need them. (If you want to do the numbers it is the second graph from the source which is more readable. There are other graphs of this type in the source, if you want some more.)

The discussion is aimed at relating the graph which is a derivative with the net change it describes. Thus, we are looking at determining increasing, decreasing, and relative extreme value from the graph and foreshadowing how this can be done using integration concepts especially accumulation.

Source: The Bureau of Labor Statistics

Some questions to discuss.

    1. What are the units of this data, and what kind of units are they? (Thousands of jobs per month – a rate unit.)
    2. Ask the students how they would find the total change in employment over the period given and discuss this with them. (Do not make them do the computation, just discuss how.)
    3. Ask them to indicate on the graph when the total employment was the least and explain how they can tell from the graph (January 2010 – this is where the rate changes from negative to positive; this is the graph of a rate in thousands of jobs per month, therefore it is the derivative of jobs (employment)).
    4. Ask how they could verify this by computing. What would they compute month-by-month? (The total number of jobs lost or gained from the beginning of the period – the accumulated change in jobs.)
    5. During 2010 there is a local maximum in employment and another (local) minimum: when do they occur? How do you know without doing a computation?
    6. What additional information do you need to tell how many people actually had jobs at any time during this period? (The total number employed at the beginning of 2008 – the initial condition.)

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