Question

Are U.S. unemployment rates typically higher, lower, or about the same as unemployment rates in other high-income countries?

Short answer

This depends on the country to which the US is compared.

Step-by-step solution

Step 1. Definition

Unemployed is a person who is constantly looking for a job or work and he/she is also capable of doing work but don’t able to get a job then they are unemployed.

Step 2. Explanation

The rate of unemployment in the US is lower higher or unchanged it depends upon the country to which it is compared.

As given in the question that as compared to other high-income countries, the unemployment rate is lower as compared to most of the countries this is because of various reasons.

Step 3. Conclusion

One reason is the internet penetration, as the accessibility to internet is more people tends to do a part-time job and find more on internet. The other reason may be the population of the US is middle-aged and their job is stable as compared to the young generation.