4 ms·
RE: "unemployment was much higher than it is now" - I'm not sure what country you're in, but here is a graph of the US unemployment rate since 1950: https://fre
by dweekly 6y ago
RE: "unemployment was much higher than it is now" - I'm not sure what country you're in, but here is a graph of the US unemployment rate since 1950: https://fred.stlouisfed.org/series/UNRATE https://fred.stlouisfed.org/series/UNRATE (unemployment was higher this year than any other period on the chart)
- tonyedgecombe 6y agoUK, as per the user who I replied to.
- mikestew 6y agoRegardless, the U. S. had super-high interest rates at that time, too. 12% sticks in my head, but it was also the time of the Variable Interest Rate loan, where I watched co-workers really have to tighten those budgets and almost lose the house because interest rates went from "ungodly high" to "ridiculously high".
- lsllc 6y agoUnemployment in the US has been at its lowest (3.5%) AND then highest (14.7%) levels in 50 years, both in 2020! https://www.statista.com/statistics/273909/seasonally-adjusted-monthly-unemployment-rate-in-the-us/ https://www.statista.com/statistics/273909/seasonally-adjust...