Schmitt, John; Fremstad, Shawn; Rho, Hye Jin - Center for Economic and Policy Research (CEPR) - 2009
From the early 1990s through the peak of the last business cycle, relatively low U.S. unemployment rates seemed to make … (OECD), the International Monetary Fund (IMF), and other international organizations all praised the U.S. unemployment … shows that in the current economic crisis, the U.S. unemployment rate ranks 4th to last among the major OECD countries. …