Asked by Mandeep Singh on May 19, 2024

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What was the unemployment rate in 1966?

A) 1 percent
B) under 4 percent
C) over 9 percent
D) close to 15 percent

Unemployment Rate

The proportion of the workforce that is unemployed and actively seeking work.

Under 4 Percent

Typically refers to a statistical measurement that falls below the threshold of 4%, often used in contexts such as unemployment rates or loan interest rates.

1966

A year in the 20th century marked by various global events, including cultural shifts and political developments.

  • Apprehend the crucial happenings and movements that characterized the 1960s in the United States.
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FJ
FRANKLIN JAMES TILLETTMay 22, 2024
Final Answer :
B
Explanation :
In 1966, the unemployment rate in the United States was under 4 percent, specifically around 3.8 percent, reflecting a period of strong economic growth and low unemployment.