How does the unemployment rate indicate whether an economy is strong or not?

Project description
http://www.bloomberg.com/news/videos/2015-10-19/fed-s-williams-the-u-s-economy-is-in-a-very-good-place
Watch the video from the link provided and include the following questions in your APA essay:
How does the unemployment rate indicate whether an economy is strong or not? What are some of the negative aspects of unemployment from a macroeconomic viewpoint?
What is inflation? Why is inflation such an area of concern for government officials? How can rapid inflation be a negative for an economy? Is some inflation ever a good thing?
How can adjusting interest rates help combat inflation? If the rate to borrow money goes up how does that impact our decisions as consumers (and businesses) to borrow money?

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