Chart assignment

Charts to read and discuss

Read each chart, then answer its questions. Every chart shows its source and date; open it for a table of the numbers and the data to download.

  1. When has the Treasury yield curve been inverted?
  2. What is the unemployment rate in each country?

Chart 1 of 2 · Interest rates

When has the Treasury yield curve been inverted?

The interactive chart needs JavaScript. The numbers are on the chart's page.

The yield curve is inverted when short-term Treasury rates are higher than long-term ones: lending to the government for 2 years pays more a year than lending for 10. On this chart that is anything below zero. In October 2026 the 10-year rate minus the 2-year rate was 0.39 percentage points. Through mid-2026, the longest inversion in these monthly averages lasted 26 months, from July 2022 to August 2024, and the deepest was in March 1980, when the 2-year rate was 2.13 points higher. Inversions have tended to come after the Federal Reserve raised short-term rates quickly, while investors expected rates to fall later. The chart starts in June 1976, when the 2-year rate begins.

Questions to discuss

  1. In one sentence of your own, what does this chart show?
  2. Find the biggest change or difference in the chart. What might explain it?
  3. Who collected these numbers, and how recent are they? What else would you want to know before drawing a conclusion?

Source: Federal Reserve Board, H.15 Selected Interest Rates (monthly averages) (Public domain (Federal Reserve Board; cite the Board as the source)) · Data as of Oct 31, 2026

Open the chart and its numbers

Chart 2 of 2 · World

What is the unemployment rate in each country?

The interactive chart needs JavaScript. The numbers are on the chart's page.

In 2025, 4.2% of workers in the United States were unemployed, against 4.8% worldwide; the highest rate was 34.2% in Eswatini, and the lowest 0.1%, in Qatar. Search 182 countries and territories. These are the International Labour Organization's estimates, which count people without work who are looking for it and fill gaps where a country runs no regular survey, so they can differ from a country's own figures.

How to read this chart

Each bar is the share of a country's workers who have no job and are looking for one, estimated by the International Labour Organization. The dashed line is the world. People who aren't looking for work, such as students and retirees, aren't counted as unemployed at all.

Questions to discuss

  1. Is the United States above or below the world rate, and by about how many percentage points?
  2. A country can have low unemployment while many people earn very little. How is that possible?
  3. Why would someone who has given up looking for work not count as unemployed? Does that make the number more or less useful?

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