Question

A normal unemployment rate in the US is considered to

Answer 1

The unemployment rate was nearest to the average in 2006-2008.

US unemployment rate rise most steeply in 2009-2010.

The individuals would have the most difficult time finding employment in 2010.

Explanation:

Unemployment is a situation in which the individual of working age is not able to get a job. Structural, frictional, cyclical and seasonal are the four types of unemployment.

Unemployment in production industry is due to decline in demand of the products and competition of foreign products.

Unemployment may cause major economic change in the society, as it leads to poverty. An unemployed individual may led to depression, low self-esteem, anxiety and other mental health issues. If a deserving individual couldn’t get a job, he undergoes tension, stress and strain on the body.

Answer 2

Answer:

1. 2006-2008

2. 2009-2010

3. 2010