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The graph below illustrates the US unemployment rate from January 2016 to June 2019. Which forecasting model(s) appear to be the most suitable (no calculations

The graph below illustrates the US unemployment rate from January 2016 to June 2019. Which forecasting model(s) appear to be the most suitable (no calculations required).

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(Unadj) Unemployment Rate 5.5 5 Percent or rate 4.5 4 3.5 3 Jan '17 Jul '17 Jan '18 Jul '18 Jan '19 LNU04000000 Click and drag in the plot area to zoom in. Hover over chart to view data. Source: U.S. Bureau of Labor Statistics

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