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Prior to the election, sixteen of seventeen news organizations considered this a state McCain would win, or a red state. Some polls taken near Election Day in 2008 showed Democrat Barack Obama closer than expected to winning it, but these did not come to fruition, as McCain easily won Arizona and carried all but four of the state's 15 counties. [1]
This raised the unemployment rate from 6.5% to 6.7%. On December 9, the Bank of Canada lowered its key interest rate by 0.75% to 1.5%, the lowest it had been since 1958; at the same time the Bank officially announced that Canada's economy was in recession. [2] This move came after the news that Canada lost 70,600 jobs in the month of November ...
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.
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. Labor Department is out with the December 2012 unemployment rate and with the payrolls report. Unemployment rose to 7.8% in December, and November was revised to 7.8% from 7.7%. Dow Jones ...
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 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 ...
(The Center Square) – October brought Arizona’s lowest inflation rate in years with the Phoenix metro area inflation rate being 1.56% year-over-year - a decrease from 2.27% in August ...