Your submission is now in Draft mode.

Once it's ready, please submit your draft for review by our team of Community Moderators. Thank you!

Submit Essay

Once you submit your essay, you can no longer edit it.

Pending

This content now needs to be approved by community moderators.

Submitted

This essay was submitted and is waiting for review.

Will US unemployment rate reach 10% before 2023?

Question

The unemployment rate in the United States averaged 5.77% from 1948 until 2018, reaching an all time high of 10.80% in November of 1982 and a record low of 2.50% in May of 1953. According to the most recent data available (for November 2018) at the time of question writing, the national unemployment rate in the United States is 3.7%. You can view historical data here.

At any point before January 1 2023, will the US unemployment rate meet or exceed 10%?

For a positive resolution, data confirming 10% or greater unemployment must be sourced from the United States Bureau of Labor Statistics, or, if that body no longer exists, credible media reports in the financial press.

Make a Prediction

Prediction

Note: this question resolved before its original close time. All of your predictions came after the resolution, so you did not gain (or lose) any points for it.

Note: this question resolved before its original close time. You earned points up until the question resolution, but not afterwards.

Current points depend on your prediction, the community's prediction, and the result. Your total earned points are averaged over the lifetime of the question, so predict early to get as many points as possible! See the FAQ.