It is, in fact, based on a historical average. I think the current target for the U.S. is around 4-6 percent. (It differs from country to country also) BUT, as the previous answer pointed out, if you are unemployed, that number does not really matter, does it?
What percentage is considered a high unemployment rate?credit repair
Abnormally higher than historical average adjusted seasonally.
What percentage is considered a high unemployment rate? loan
Whatever percentage puts you out of your job!
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