Unemployment @ 3.9% = Well Below 5.8% Seventy Year Average Unemployment Rate 30% 20% SA U ate, R ment y 10% nemplo U Average = 5.8% 0% 1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2010 2018 Source: St Louis Federal Reserve FRED Database, Bureau of the Budget (1957). Note: Unemployment rate calculated by diving the total workforce by the total number of unemployed people. People are classified as unemployed if they do 155 not have a job, have actively looked for work in the prior 4 weeks and are currently available for work.