What was the unemployment rate in 2008 in the United States?

NEW YORK — U.S. employers shed 2.6 million jobs in 2008, the worst year since 1945, the government reported Friday, and a rapidly deteriorating economy promises more significant losses ahead. The unemployment rate jumped to 7.2 percent in December, the highest since January 1993, up from 6.8 percent in November, the Labor Department said.

Why did the unemployment rate go up in October?

The unemployment rate for October rose slightly due to population growth and other factors leading to 35,000 people looking for work, even though 24,500 jobs were created.

How many jobs were lost in the United States in 2008?

In 2008 as a whole, nearly 800,000 manufacturing jobs were lost, and 630,000 construction jobs disappeared as home-building slowed. Jobs also dried up in the financial sector, in publishing houses and trucking companies, department stores and hotels.

Can you file for unemployment if you lost your job four years ago?

Another is that you’re only eligible if you’ve worked for wages in the recent past. If you lost your job four years ago, did not file at that time and haven’t been working since, it’s unlikely that you will be able to receive benefits now.

When did the job loss start in Canada?

Drastic job loss in Canada started later than in the US. Some months in 2008 had job growth, such as September, while others such as July had losses.

What was the number of jobs lost in December?

In December, 524,000 jobs were lost, the government reported, compared with 584,000 jobs eliminated by employers the previous month (a figure revised from the previously reported 533,000).