SEP compilation Table 2, unemployment rate, 2007

unemployment rate in 2007: 4.8 %

Source

Verdict

Not graded yet.

All captured fields

variable

unemployment rate

metric

unemployment rate

statistic

median (computed from individual projections)

target year

2007

horizon

current_year

value

4.8

unit

%

definition

Average civilian unemployment rate in the fourth quarter of the year indicated

confidence

medium

note

Not published at the time. Median computed by Hindsight from the 17 individual projections in Table 2 of the SEP compilation, which the Federal Reserve released with a five-year lag. The central tendency was the published statistic at the time.