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A rough comparison of September 2014 (when the unemployment rate was 5.9%) versus October 2009 (when the unemployment rate peaked at 10.0%) helps illustrate the analytical challenge. The civilian population increased by roughly 10 million during that time, with the labor force increasing by about 2 million and those not in the labor force ...
In 2003, prior to the significant expansion of subprime lending of 2004-2006, the unemployment rate was close to 6%. [52] The wider measure of unemployment ("U-6") which includes those employed part-time for economic reasons or marginally attached to the labor force rose from 8.4% pre-crisis to a peak of 17.1% in October 2009.
The unemployment rate was reduced by an average ranging from a low of 1.1 percentage points to a high of 4.8 percentage points; Full-time equivalent employment-years was boosted by an average ranging from 2.1 million to 11.6 million; Total outlays were $663 billion, of which $97 billion were refundable tax credits
By Christopher S. Rugaber WASHINGTON (AP) -- The U.S. unemployment rate fell last month to its lowest level in more than two and a half years, as employers stepped up hiring in response to the ...
The news that the unemployment rate hit a 16-year high, to 7.2% in December, and that 2.6 million jobs were lost in 2008 -- the most since 1945, is bad news that is only going to get worse as 2009 ...
It's unfortunate that the nation had to wait until the end of the year to get it, but the November employment report may represent the best economic news the U.S. has received in 2009. The economy ...
January – The worst month of the Great Recession sees nearly 800,000 jobs lost; the unemployment rate rises to 7.8%, the highest since June 1992. January 1 – The BART Police shooting of Oscar Grant, an unarmed man, results in protests and several hours of violence in Oakland, California. [1] [2] January 6
According to the The New York Times, a look at Labor Department statistics for the month of. There are a lot of people out of work, which is the norm during a recession. ... 800-290-4726 more ways ...