1. Figure 1 shows the unemployment rate in the United States from 1960 to 2016. In which decade—the 1960s, 1970s, 1980s, 1990s, or 2000s—was the average unemployment rate the lowest and what brought low unemployment in that decade? In which decade was the average unemployment rate the highest and what brought high unemployment in that decade?

2. Describe the trends in the labor force participation rates of men, women, and all working-age people.

Transcribed Image Text:

FIGURE 1 Unemployment rate (percentage of labor force) 10 8 6 4 Myt 2 1960 1970 1980 1990 2000 2010 2020 Year