Historical Year Data · 2006

JOLTS Hires Rate in 2006

JOLTS Hires Rate opened 2006 at 3.90% and closed at 3.80%, a -2.56% move for the year. The high of 4.10% was reached on March 1, and the low of 3.80% on April 1.

Open

3.90%

2006-01

3.80%

12 data points

High

4.10%

Mar 1

Low

3.80%

Apr 1

Full Year Change

-2.56%

2005 Change

+0.00%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	3.90%	3.90%	3.90%	3.90%	+0.00%
Feb	4.00%	4.00%	4.00%	4.00%	+0.00%
Mar	4.10%	4.10%	4.10%	4.10%	+0.00%
Apr	3.80%	3.80%	3.80%	3.80%	+0.00%
May	4.00%	4.00%	4.00%	4.00%	+0.00%
Jun	4.00%	4.00%	4.00%	4.00%	+0.00%
Jul	4.10%	4.10%	4.10%	4.10%	+0.00%
Aug	3.90%	3.90%	3.90%	3.90%	+0.00%
Sep	3.90%	3.90%	3.90%	3.90%	+0.00%
Oct	3.90%	3.90%	3.90%	3.90%	+0.00%
Nov	4.00%	4.00%	4.00%	4.00%	+0.00%
Dec	3.80%	3.80%	3.80%	3.80%	+0.00%

Events During 2006

2006 US Housing Market Peak

Goldilocks

June 2006 – February 2007

US home prices peaked in summer 2006 after a 106% rally from 2000. Subprime mortgage underwriting collapsed in late 2006, setting up the 2008 crisis. The peak is the canonical example of a market top visible only in retrospect.

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