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The 1980s (pronounced "nineteen-eighties", shortened to "the '80s" or "the Eighties") was the decade that began on January 1, 1980, and ended on December 31, 1989.. The decade saw a dominance of conservatism and free market economics, and a socioeconomic change due to advances in technology and a worldwide move away from planned economies and towards laissez-faire capitalism compared to the 1970s.
The '80s were a decade defined by major technological innovations, big hair, cult-classic movies and the start of many iconic companies, including AOL on May 24, 1985. Most basic supplies in the ...
Unemployment had changed very little in the period between the end of the 1980 recession and the July 1981 start of the second, never dropping below 7.2%. [2] Unemployment rose to double digits for the first time since 1941 in September 1982, and stood at a postwar high of 10.8% by the end of the year. [11]
January 5 – Donna Summer's third double album in a 14-month period, On the Radio: Greatest Hits Volumes I & II, released on 15 October 1979, reaches the top spot on the Billboard Albums charts. January 7 – At the age of 44, songwriter Larry Williams is found dead in his Los Angeles, California , home of a gunshot wound to the head.
In 1986, the song won Best Single at the Brit Awards, and was re-recorded by the band as a charity single for the Sport Aid campaign the same year. "Everybody Wants to Rule the World" has been covered extensively since its release, most notably by New Zealand singer Lorde for the soundtrack to the film adaptation of The Hunger Games: Catching ...
The salsa music had developed in the 1960s and '70s by Puerto Rican and Cuban immigrants to the New York City area but did not enter into mainstream popularity in Latin America until the late 1980s. The salsa music became together with cumbia the two most popular dance music but did not penetrate other countries outside the Caribbean as cumbia did.
Even so, by the end of 1985, funding for domestic programs had been cut nearly as far as Congress could tolerate. In this context, the deficit rose from $60 billion in 1980 to a peak of $220 billion in 1986 (well over 5% of GDP). Over this period, national debt more than doubled from $749 billion to $1.746 trillion.
The 1980 actors strike was a labor strike held in July–October 1980 by the Screen Actors Guild (SAG) and the American Federation of Television and Radio Artists (AFTRA), two labor unions representing actors in the American film industry.