Civilian Unemployment Rate

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RAAJN’S ECON
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5 FUN FACTS: ECONOMICS!
4 In the past, people have used many
3 different things as money.  Among
2
them: salt, cocoa beans, grain,
cows, shark’s teeth, and precious
1
stones. 
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2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 ---------------------------------------------
More money is spent on arms in
the world than on education,
health, or any other form of
development.
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Half the population of the world
As seen in the graph above, the United States earns only 5% of the world’s total
unemployment rate has dramatically risen since the year wealth.
2000. Economists predict that unemployment will
continue to rise further in the years to come. ---------------------------------------------
Unemployment has risen from a low of just under 4% to a
shocking high of just over 9% of the population. In 2008 Bartering was first recorded in
the healthy line of around 5% was broken. This statistic is Egypt over 4,500 years ago.
a key way to determine how an economy is functioning.
Unemployment causes the economy to not function in a
healthy manner.
Real Gross Domestic
Consumer Price IndexProduct,
For All The Consumer Price Index is a statistic that is
closely watched constantly in any economy that
3Urban
Decimal: Billions of Chained
Consumers aims to be as healthy as they can be. It is often
2005
5
Dollars labeled the “cost-of-living index”. The CPI tells
you the average price of consumer goods and
5 services in a nation. The percent change
determines what is labeled inflation or deflation.
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As the CPI rises, the cost of goods inflates;
however, as the CPI declines, the cost of goods
3
deflates. In 2009 the CPI had dropped the largest
3
2 margin since the 1950s down to a mere
-0.324278619 causing deflation. Inflation can cause
12 problems more times than none, because if the
inflation rate increases by 2%, the average workers
0 pay check must also increase by 2%.
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
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-2
0
-32000 2001 2002 2003 2004 2005 2006 2007 2008 2009

-1

The GDP tells economists about the production

force and how many goods are being produced
yearly, or however the economist looks at the
data. This number also gives the analyzer a
glimpse at the consumption rate for the economy.
The Real GDP is similar to the CPI statistically in
that it has declined in the recent past. In the year
2000, the annual GDP was around 4.1, and
dropped to around 1 but gradually picked itself
up to around 3.7. However, ever since it’s 3.7 in
2004, the GDP has been on the decline even to
present day. It is now around -2.5.