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Unemployment And Inflation
- 5. Exhibit 1: The Adult Population Sums the Employed, the Unemployed, and Those Not in the Labor Force
- 8. Exhibit 2: The U.S. Unemployment Rate Since 1900
- 9. Exhibit 3: Unemployment Rates for Various Groups
- 10. Exhibit 3: Unemployment Rates for Various Groups
- 11. Exhibit 4: Unemployment Rates Differ Across U.S. Metropolitan Areas
- 20. Exhibit 5: In the Last Two Decades, Unemployment Rates Fell in the United States, Rose in Japan, and Remained High in Europe
- 25. Exhibit 6a: Inflation Caused by Shifts of AD and AS Curves Increase in the AD curve pulls up the price level. To generate continuous demand-pull inflation, the AD curve must keep shifting outward along a given AS curve Increase in costs of production push up the price level. To generate continuous cost-push inflation, the AS curve must keep shifting to the left along a given AD curve.
- 26. Exhibit 7a: Consumer Price Index Since 1913
- 27. Exhibit 7b: CPI Since 1913 – Annual Percentage Change
- 32. Exhibit 8: Average Annual Inflation from 1994 to 2004 Differed Across U.S. Metropolitan Areas
- 33. Inflation Across Countries Exhibit 9: Inflation Rates in Major Economies Have Trended Lower Over the Past Two Decades