Macroeconomics 5th Edition by Olivier Blanchard

Exercise 3

Go the Web site of the Bureau of Labor Statistics (www. bls.gov) and retrieve monthly data on the level of employment and unemployment for 2001. You will notice that the level of unemployment rose in every month of 2001.
a. Did the level of employment rise in any month(s) in 2001
b. How is it possible that both employment and unemployment could rise in the same month