1. Chapter 8. Unemployment and Inflation Link to syllabus

2. The US Unemployment Rate 1948-2011. Figure 8-1 p. 214. Confirms – once again - that unemployment rises in recessions, declines in expansions.

3. Alternative Measures of Unemployment, US, 1994- 2011. Figure 8-2 p. 216.

4. Unemployment Rates of Different Socio- economic Groups, 2007. Figure 8-3 p. 217. Groups who have higher unemployment are African Americans and Teens. Gender differences are small, and may favor women.

5. Unemployment rates by demographic groups, 1999 and 2002 (different textbook)

6. Unemployment in the U.S. Source: NYT Feb. 1, 2008.

7. Michigan & US Unemployment

8. Figure 8.7 p. 221 Labor Market Flows/month 2007 mt views this as suggesting that the big action isn’t into unemployment, but is people dropping out of the labor force.

9. Distribution of Unemployment, by Duration of Unemployment. Figure 8-8 p. 222.

10. Figure 8-9 p. 223. Effect of a Minimum Wage on the Labor Market

11. Global Comparison, p. 225. Natural Rate of Unemployment among OECD Countries.

12. Figure 8-10 P. 226. The Changing Makeup of the US Labor Force, 1948-2011.

13. P. 136 BadeParkin text Changes in the Labor Market

14. EYE ON THE PAST P. 315 (Bade/Parkin Text) Hyperinflation in Germany in the 1920s

15. German Hyperinflation (p. 480 of K/W)

16. The Cost of Disinflation. Figure 8-12 p. 233. Suggestion that in order to lower inflation, there must be higher unemployment.

18. Unemployment and Recessions. Figure 8-4 p. 204. Indicates that Unemployment continues to rise even after the economy starts to pull out of a recession.

19. Growth and Changes in Unemployment. Figure 8-5 p. 204. Basically supports common sense idea that if the economy grows faster, then unemployment will fall.