Here's a nice visual of the US unemployment rate from 1950 to present. You can see that it peaked at almost 11% in 1980. It was extremely low in 1950s, getting under the 3% level. Recently, you can see that the unemployment rate has been on the rise, currently sitting over 6%. There's talk that this recession could take the rate up to 9%, possibly 10% before reversing course.
updated Nov 16, 2008
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