Q: How Low Can Official U.S. Unemployment Go?
[Click on image for enlargement.]
A: ... "longer-run normal rate of unemployment has a central tendency of 5.2 percent to 6.0 percent."
Federal Reserve Board Press Release Issued after its January 2012 Organizational Meeting.
Adam van Breen
Skating on the Frozen Amstel River, 1611
The Lee and Juliet Folger Fund, in honor of Arthur K. Wheelock, Jr.
© 2012 National Gallery of Art, Washington, DC