Tuesday, September 17, 2024

Historical Inflation and Unemployment

Historical U.S. Unemployment Rate by Year 

https://www.investopedia.com/historical-us-unemployment-rate-by-year-7495494

U.S. National Unemployment Rate  

https://www.macrotrends.net/1316/us-national-unemployment-rate

Unemployment in the United States   https://en.wikipedia.org/wiki/Unemployment_in_the_United_States 

Chart: https://en.wikipedia.org/wiki/Unemployment_in_the_United_States#/media/File:United_States_unemployment_with_incarceration_1892-2016.png

Will Robots Automate Your Job Away? Full Employment, Basic Income, and Economic Democracy  https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3044448

see page 10

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U.S. Inflation Rate by President: From Eisenhower to Biden   https://www.investopedia.com/us-inflation-rate-by-president-8546447 

Unpacking the Causes of Pandemic-Era Inflation in the US  https://www.nber.org/digest/20239/unpacking-causes-pandemic-era-inflation-us

What caused the U.S. pandemic-era inflation? Ben S. Bernanke and Olivier Blanchard June 13, 2023  

https://www.brookings.edu/articles/what-caused-the-u-s-pandemic-era-inflation/

"Fiscal policy contributed to the inflation, but primarily through its effects on consumer demand for commodities and goods in limited supply rather than through the labor market." 

"Bringing inflation down to the Fed’s 2% target will require bringing the demand and supply of labor into better balance, with the ratio of job openings to unemployed workers closer to pre-pandemic levels."

Historical Inflation Rates: 1914-2024  

https://www.usinflationcalculator.com/inflation/historical-inflation-rates/

https://www.usinflationcalculator.com/

  • 5.6%: 2017-2020
  • 16.2%: 2021-2024 (as of 20240917)

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Tracking Trumponomics in seven charts  

https://fingfx.thomsonreuters.com/gfx/rngs/USA-ECONOMY-TRUMP/01008133219/index.html


Tariff Tracker: Tracking the Economic Impact of the Trump-Biden Tariffs June 26, 202419 min read By: Erica York   

https://taxfoundation.org/research/all/federal/trump-tariffs-biden-tariffs/

== INFLATION VS WAGE GROWTH ==========

Difference between the inflation rate and growth of wages in the United States from August 2020 to August 2024  https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/

United States Inflation Rate (tradingeconomics.com)



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