Figure A
Unemployment rates, actual and adjusted, 1997–2000 and 2016–2019
| Unemployment rate | |
|---|---|
| 2016–2019, actual | 4.20% |
| 2016–2019, adjusted | 4.46% |
| 1997–2000, actual | 4.43% |
| 1997–2000, adjusted | 4.44% |
Notes: The adjusted unemployment rate is calculated by holding age and five categories of educational attainment (less than high school, high school degree only, some college attendance, four-year college completion and advanced degree) at their 1995 levels and recalculating unemployment going forward, using the DiNardo, Fortin and Lemieux (1996) re-weighting procedure.
Source: Author’s analysis of data from Economic Policy Institute Current Population Survey Extracts, Version 1.0, https://microdata.epi.org