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FRED Unernployrnent Level 24,000 20,000 16,000 12,000 Feb 1948.2,328 4,000 1950 1955 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015

FRED Unernployrnent Level 24,000 20,000 16,000 12,000 Feb 1948.2,328 4,000 1950 1955 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020 Shaded areas indicate U.S. recessions. Source: U.S. Bureau of Labor Statistics fred.stlouisfed.org

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