Unemployment in the 1990s J. Bradford DeLong delong@econ.berkeley.edu http://www.j-bradford-delong.net/ March 2001 The 1990s were an astonishingly good decade for the United States as far as its average level of unemployment was concerned. By 1997, the unemployment rate had fallen to levels that in the past had been associated with rapidly rising inflation; yet inflation remained quiescent. Good unemployment performance continued until the very end of 2000, when the recession of 2001 began.

Sign up for Brad Delong's (general) mailing list