How low will it go – Revisited

Four months ago I published a post on unemployment rates during this and previous recessions.  I figured it was time to update those charts and was waiting until this morning when the Bureau of Labor Statistics announced July’s numbers.  The numbers were a pleasant surprise in that the July unemployment rate dropped by a tenth.  Follow the link for the updated charts and tables.

Unemployment Rate

Change in Unemployment During Selected Recessions

Rise of Unemployment During Recessions

Unemployment During and After Recessions

Data sources:

Recessionary Periods; National Bureau of Economic Research; http://www.nber.org/cycles.html

Unemployment Rate; Bureau of Labor Statistics; http://data.bls.gov/PDQ/servlet/SurveyOutputServlet?data_tool=latest_numbers&series_id=LNS14000000

Dataset

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