4.2 percent
The number of unemployed rose by about 300,000 in January to nearly 6.0 million, pushing the unemployment rate from 4.0 to 4.2 percent. The jobless rate had ranged from 3.9 to 4.1 percent since October 1999.
What was the unemployment rate in January of 2000?
4.00%
Show:
| Date | Value |
|---|---|
| Jan 1, 2001 | 4.20% |
| Jan 1, 2000 | 4.00% |
| Jan 1, 1999 | 4.30% |
| Jan 1, 1998 | 4.60% |
What triggered 2001 crash?
The 9/11 Recession: (March 2001–November 2001) Reasons and causes: The collapse of the dotcom bubble, the 9/11 attacks, and a series of accounting scandals at major U.S. corporations contributed to this relatively mild contraction of the U.S. economy. In the next few months, GDP recovered to its former level.
What happened to the economy in 2001?
The 2001 recession was an eight-month economic downturn that began in March and lasted through November. 1 While the economy recovered in the fourth quarter of that year, the impact lingered and the national unemployment continued to climb, reaching 6% in June 2003.
What was unemployment rate in 2002?
The share of the unemployed made up of job losers and those who had completed temporary jobs rose to 54.7 percent in 2002 from 50.8 in 2001. The increase in share was entirely among permanent job losers. Their share of the total number unemployed rose by about six percentage points to 32.1 percent.
What was the unemployment rate in the United States in 2001?
The unemployment rate rose to 5.6 percent in the fourth quarter of 2001, an increase of 1.6 percentage points from the 30-year low of 4 percent, in the fourth quarter of 2000. The num- ber of unemployed persons, at nearly 8 million in the fourth quarter of 2001, was up by more than 2 million from a year earlier.
What was the unemployment rate in South Africa in 2000?
Unemployment Rate in South Africa averaged 26.08 percent from 2000 until 2021, reaching an all time high of 32.60 percent in the first quarter of 2021 and a record low of 21.50 percent in the fourth quarter of 2008.
What was the unemployment rate in the 1980s?
The early 1980s saw a sharp rise in the unemployment rate to 10% in 1983. This declined to 6% by 1989. A further steep rise then occurred in the early 1990s, peaking at 11% in 1993. As well as showing a general increase over the period, the unemployment rate has fluctuated with the economic cycle.
What was the unemployment rate in Australia in the 1970s?
In the late 1960s and early 1970s, the unemployment rate stood at 2% but over the 1970s rose gradually to 6%. The early 1980s saw a sharp rise in the unemployment rate to 10% in 1983. This declined to 6% by 1989.
