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Events from the year 2009 in the United States.. The inauguration of Barack Obama as the president, occurred on January 20.The nation, still recovering from the Great Recession, received various economic stimuli through the American Recovery and Reinvestment Act of 2009 and similar legislation, which most notably gave Americans tax credits.
The unemployment rate now stands at 9.8 percent, we learned Friday morning and, to quote Claude Raines in Casablanca, the market was shocked -- shocked! -- by the news, at least initially. True ...
Annual rate of change of unemployment rate over presidential terms in office. From President Truman onward, the unemployment rate fell by 0.8% with a Democratic president on average, while it rose 1.1% with a Republican. [27] Job creation is reported monthly and receives significant media attention, as a proxy for the overall health of the economy.
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 city’s poverty rate of 15% remains above the national average of 12.6%, while its owner-occupied housing unit rate lags behind the US average by more than 5%.
The incarceration rate of black males was over six times higher than that of white males, with a rate of 4,749 per 100,000 US residents. [ 237 ] [ 238 ] [ 239 ] In August 2014, Darren Wilson , a white policeman in Ferguson, Missouri shot and killed Michael Brown , an 18-year-old unarmed black man who had robbed a nearby convenience store ...
Hawaii is suffering from the worst job market in the United States. Here are the other states in trouble.
The unemployment rate peaked at 10.0% in October 2009 and did not return to its pre-recession level of 4.7% until May 2016. [96] A key dynamic slowing the recovery was that both individuals and businesses paid down debts for several years, as opposed to borrowing and spending or investing as had historically been the case.