WASHINGTON (AP) — The last time the U.S. unemployment rate was roughly as low as the 3.7 percent it is now — December 1969 — the economy was overheating, inflation was spiking and a short recession soon followed.
Source: World Business
Not since 1969: US regains ultra-low 3.7 pct. unemployment
 — The last time the U.S. unemployment rate was roughly as low as the 3.7 percent it is now — December 1969 — the economy was overheating, inflation…){kind=link}