Unemployment rates in the United States during the past 60 years

Question

Quizplus · Accepted Answer

Unemployment rates in the United States have shown variation over the past 60 years, but they have generally fluctuated between approximately 4 and 10 percent. There have been some spikes (e.g. during recessions in the 1970s, 1980s, and 2000s), but overall the trend has not been steadily upward or downward. Option A is incorrect because unemployment rates have often been outside the range of 4-6 percent. Option B is incorrect because the range given is too high. Option D is incorrect because it gives a misleading impression of a steady decline in unemployment rates, while in fact there have been fluctuations. Option E is incorrect because it is not true; while unemployment rates did rise sharply during the COVID-19 pandemic and resulting economic downturn, they have since fallen somewhat and are still well below their historical high points.

Unemployment Rates in the United States During the Past 60