[单项选择]As the new economy has cooled, there has Been a steady drumbeat of layoff announcements. More than 36,000 dotcom employees were cut in the second half of last year, including some 10,000 last month. But th6 firings went well beyond dotcomland. There were more than 480,000 layoffs through November. General Motors is laying off 15,000 workers with the closing of Oldsmobile. Whirlpool is trimming 6,300 workers; Aetna is letting go 5,000.
The remarkable thing is that US unemployment has so far stayed strikingly low. While the NASDAQ plunged and growth trailed off last year, the unemployment rate fluctuated between 3.9% and 4.1%. That pales compared with the unemployment rates during Old Economy dark years like 1992 (7.5%) and 1982 (9.7%).
And it gives the lie to an Old Economy article of faith--that there was a "natural rate of unemployment below which the economy could not operate without spurring inflation". The supposed natural rate: just under 6%.
How to account fo
A. Less than 3.9%.
B. More than 7.5%.
C. More than 9.7%.
D. Less than 6.0%.

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