Figure 2. Average Annual Unemployment Rate

Figure 2. Average Annual Unemployment Rate

Figure 2. Sources: Bureau of Labor Statistics, Historical Statistics of the United States, and Reinhart and Rogoff (2009) Average annual unemployment rates. The change from the level at the outset is the simple difference; for example the unemployment rate in 2007 was 4.6 percent so the difference from 2011 (when the unemployment rate is 9 percent) is 4.4 percent.