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Reply #8: What was it in the late 1950s, early 1960s? [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010)

Sanity Claws

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Fri Aug-07-09 08:15 PM
Response to Reply #7

8. What was it in the late 1950s, early 1960s?

Edited on Fri Aug-07-09 08:24 PM by Sanity Claws

I'm going to look it up but I wanted your input because you imply that it was higher than I recall.

On edit:
1952-53, it ranged from 2.5 to 3.1.
In 1968-69, it was less than 4%

I believe BLS started measuring unemployment differently in the Reagan years so I think these numbers from before then are pretty accurate.

I don't understand why you say the best we can expect is 10% unemployment.

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