Figure 1.1 shows the change in the unemployment rate during the 2000s

Figure 1.1 shows the change in the unemployment rate during the 2000s



DATA HUNT:

Figure 1.1 shows the change in the unemployment rate during the 2000s. Even though the 2008 recession ended in June 2009 the unemployment rate continued to climb and eventually reached 10%. To put this indicator in perspective you will need to find the month and year when the unemployment rate was higher than 10%. Use this link  (http://data.bls.gov/cgi-bin/surveymost?bls) to access unemployment data from the Bureau of Labor Statistics. You will need to start your search in 1948 and end in 2011; then select the period with the highest unemployment rate and enter it below. Enter your data in the two digit month.year format. For example, if the period with the highest unemployment rate was in June 1953 the you will enter: 6.53  .If there are two consecutive months with the same unemployment rate then use the first month for your answer.

Answer:



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