Decide whether the following statement about the U.S. unemployment rate is true or false.

Unemployment generally remains stable and static overtime.

The given statement is false.

Unemployment rate did not remain constant, stable and static overtime because it is the rate evaluated on the basis of social components, economic components, technological and political components. All these factors cannot be constant for a particular period of time as they would be based on the current circumstances. For example if there is a change in any government policy due to which rate of unemployment goes down then it would be a political factor. Social factors like defective education system or geographical immobility can affect the rate of unemployment.

Hence, it is an incorrect statement.