Pantheon Macroeconomics - The unemployment rate hit its post-1970 low in April 2000, at the peak of the first internet boom, when it nudged down to just 3.8%. The low in the next cycle, first reached in October 2006, was rather higher, at 4.4%.

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30 March 2017 Can Unemployment Fall to 4% or Less? What Would the Fed do?

By Ian Shepherdson

The unemployment rate hit its post-1970 low in April 2000, at the peak of the first internet boom, when it nudged down to just 3.8%. The low in the next cycle, first reached in October 2006, was rather higher, at 4.4%.

Posted: 29th Mar 2017 in 'U.S. Documents'

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