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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.
Business and economy Russia ’s Gazprom and Ukraine ’s Naftogaz Ukrainy have agreed to set up two joint ventures, the Russian company said after a meeting between its CEO Alexei Miller and Ukrainian Fuel and Energy Minister Yuri Boiko. (ITAR) [permanent dead link ] Disasters 21 people are killed and several states declare a state of emergency after torrential rains in Venezuela. (El ...
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% ...
Now, as Congress failed to agree on yet another extension, you are about to find out if less could be better or worse for America. Last night, the vote 2 Million Losing Unemployment Benefits in ...
"Expert" economists predicted that at least 140,000 new jobs would be created in November and that the unemployment rate would hang tight at 9.6 percent (if not be reduced a fraction). So it felt ...
December – The unemployment rate ends the year at 9.3%. December 2 – The US House of Representatives passes H.R. 4853 that extends tax cuts for families making under $250,000, but raises taxes on those making over that amount with a 234–188 vote.
U.S. Treasury Secretary Timothy Geithner and other top economic officials in the Obama administration say that, while they expect some improvement this spring, 2010 will probably remain a rough ...
The U-6 rate rose from 8.8% in December 2007 to a peak of 17.2% in December 2009, before steadily falling to 9.2% in December 2016 and 7.6% in December 2018. [ 42 ] The share of unemployed who have been out of work for 27 or more weeks (i.e., long-term unemployed) averaged approximately 19% pre-crisis; this peaked at 48.1% in April 2010 and ...