1. Figure 7.1 Classifications in the Household Survey

2. Table 7.1 Unemployment for Different Groups (May, 2006) Group Unemployment rate All Workers4.6 Race and ethnicity [1] [1] White4.1 Black or African American8.9 Hispanic or Latino Ethnicity5.0 Age Teenage (age 16-19)14.0 Education Less than a high school diploma 6.9 Bachelor’s degree and higher2.1 Gender Adult Male4.2 Adult Female4.1

3. Figure 7.2 Unemployment Over the Business Cycle, U.S. 1969-2006

4. Figure 7.3 A Supply and Demand Model for Labor

5. Figure 7.4 Classical Unemployment

6. Figure 7.5 The Keynesian Model of Employment Determination

7. Figure 7.6 The “Natural” Rate of Unemployment

8. Figure 7.7 The Non-Accelerating Inflation Rate of Unemployment (NAIRU)

9. Figure 7.8 Empirical Data and the “Natural” Rate

10. Figure 7.9 Labor Force Participation Rates by Sex, 1950-2006