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Use this link: https://research.stlouisfed.org/dashboard/13831 Record the most recent six months of the unemployment rate (Box 1): Month Unemployment Rate (%) 1. 2. 3. 4. 5. 6. • Describe the recent trend. (Use information from Boxes 1 and 2.) The most recent release of the natural rate of unemployment (Box 4): • __ percent. • Compare the current unemployment rate to the natural rate of unemployment. Is the current unemployment rate higher or lower than the natural rate of unemployment? Also, make sure you consider the trend (not only the most recent release) in your assessment. • Is the unemployment rate higher than the natural rate? Is the gap between the unemployment rate and the natural rate of unemployment increasing or decreasing? (Use Box 6.) Explain. 4. What is your diagnosis? The unemployment rate is just one economic indicator but it is an important one. From this data, do you think the economy is currently healthy? Use data as evidence.
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