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The 2008 United States presidential election in Arizona took place on November 4, 2008, and was part of the 2008 United States presidential election. Voters chose 10 representatives, or electors to the Electoral College , who voted for president and vice president .
On December 1, the National Bureau of Economic Research officially declared that the U.S. economy had entered recession in December 2007, a full year earlier. [1] (See late 2000s recession) The Labor Department said that the US lost 533,000 jobs in November 2008, the biggest monthly loss since 1974. This raised the unemployment rate from 6.5% ...
December – The unemployment rate soars to 7.3%, the highest since December 1932. December 1 – The Dow Jones Industrial Average drops 680 points, its fourth worst drop in its history, after the National Bureau of Economic Research declared on the same day that the United States economy officially entered a recession in December 2007.
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.
December 2008 – 34,000 jobs lost; January 2009 – 129,000 jobs lost ... The unemployment rate for October rose slightly due to population growth and other factors ...
The U.S. added 661,000 jobs in the month of September, compared to the 859,000 expected. Though the unemployment rate did tick down to 7.9%, it’s still the worst economic backdrop ahead of an ...
Unemployment rate at start of presidency Unemployment rate at end of presidency Change in unemployment rate during presidency (percentage points) Harry S. Truman (data available for 1948–1953 only) Democratic: 1945–1953 3.4% (for January 1948) 2.9% −0.5 (from January 1948 to January 1953) Dwight D. Eisenhower: Republican: 1953–1961 2.9% ...
Although the U.S. economy has added jobs in recent months, the unemployment rate remains uncomfortably high at 9.8%. The rate for December is due out on Friday, and the consensus is for it to drop ...