Answer
C. Make economic prediction.
Explanation
The unemployment rate report can indicate that the U.S economy is adding jobs at a stronger pace in a particular year. Sectoral payroll data can indicate the job growth factor and show the sector is robust. A stable unemployment rate can mean there is rise in the labor force participation rate. Unemployment rate data is therefore a factor in monetary policy decision that forecasts the path of economic growth rate in the future. The unemployment rate is the main point used in making decisions concerning the economy because it provides a timely measure of the entire health of the labor market and the general economic activity.
As the graph shows the trend of unemployment, it can help the U.S. government to make an economic prediction.
The government is able to see which direction unemployment is going and what to do about it.
If unemployment is rising, they can then make a prediction on how this will affect the economy and which policies they need to implement - fiscal and monetary - to combat it.
In conclusion, option C is correct.
Find out more on economic predictions at https://brainly.com/question/11305781.
