Question

Over the long term, has the U.S. unemployment rate generally trended up, trended down, or remained at basically the same level?

Short answer

It has remained at an identical level.

Step-by-step solution

Step.1 Introduction

Unemployment can be defined as the situation when a person who is able to work and is work, is also actively looking for jobs but is not able to find one. The percentage of working population that cannot find work is known as unemployment rate.

Step.2 Explanation 

The unemployment rate in the US has seen fluctuations in the short term in case of economic recessions and recovery. However, in the long term, the unemployment rate has mostly remained the same.