What was the US unemployment rate in 2009?

What was the US unemployment rate in 2009?

At the end of the recession, in June 2009, it was 9.5 percent. In the months after the recession, the unemployment rate peaked at 10.0 percent (in October 2009).

What was the unemployment rate in 2006?

4.6 percent
The U.S. jobless rate fell by 0.5 percentage point to 4.6 percent in 2006, while the national employment- population ratio increased by 0.4 percentage point to 63.1 percent.

Did anyone go to jail for the GFC?

The financial crisis of 2008 altered so many lives: Millions of people lost their homes, their jobs and their savings. And though the crisis grew out of big banks’ handling of mortgage-backed securities, no Wall Street executive went to jail for it.

How many jobs were lost in September 2010?

This is an era in which employment is becoming unstable, and in which being either underemployed or unemployed is a common part of life for many people. September 2010 – 27,000 jobs lost (According to U.S. Labor Department, 64,000 private sector jobs are added but a net loss of 95,000 jobs are due to government layoffs)

What kind of jobs did the US lose in 2008?

Job losses were spread across a wide variety of industries. Manufacturing lost 149,000 jobs, the leisure and hospitality industries cut 22,000 jobs, and the mining industry shed 1,000 positions. Even in the midst of the holiday shopping season, retailers still slashed payrolls by 66,600 workers last month.

What was the unemployment rate in December 2008?

A sobering U.S. Labor Department jobs report Friday showed the economy lost 524,000 jobs in December and 1.9 million in the year’s final four months, after the credit crisis began in September. The unemployment rate rose to 7.2% last month from 6.7% in November – its highest rate since January 1993.

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.