The insurance unemployment rate of 2.5 percent in August is far below the 7.3 percent in the general U.S. economy and is also the lowest number we have seen since mid-2008. If you are interested in seeing the historical record, take a look at the BLS data series. This number will bounce around over the coming months – it always does – but my prediction is that this is just one more milestone in a long term continuing trend and that we will see sub 2 percent rates in the future.