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At the onset of the coronavirus pandemic, in March 2020, the unemployment rate was a very benign 4.4%. Just a single month later, the rate had shot up by more than 10%, to 14.8%.
The unemployment rate rose to a three-year high of 4.1% in June, with 6.8 million people unemployed. At that time a year ago, the unemployment rate was at 3.6% and 6 million people were unemployed.
That is up from 46% three years ago and 32% in 1999." Among those earning $75,000 or more, 50% now say free-trade pacts have hurt the U.S., up from 24% who said the same in 1999. Across party lines, income, and job type, 76–95% of Americans surveyed agreed that "outsourcing of production and manufacturing work to foreign countries is a reason ...
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 vacancy figure was now 26% lower than a year ago, he said, a "significant decline". ... While still moderate by historical standards, unemployment ticked up to 4.3% in September, compared to 4 ...
In the European Union, where a debt crisis followed the financial crisis, the youth unemployment rate rose to 18% last year from 12.5% in 2007, the ILO report shows." [177] In March 2018, according to US Unemployment Rate Statistics, the unemployment rate was 4.1%, below the 4.5–5.0% norm. [178]
Jun. 6, 2008: Unemployment rises to 5.5%, the largest one-month increase in more than two decades. Oil prices spike $10.75 to close at $138.54 per barrel. Oil prices spike $10.75 to close at $138. ...
The number of wage and salary workers belonging to unions, at 14.4 million, also declined over the year. In 1983, the first year for which comparable union data are available, the union membership rate was 20.1 percent, and there were 17.7 million union workers." [53] In 1973, the participation rate was 26.7% against a comparable 2011 rate of ...