Historical Year Data · 2006

Germany Unemployment Rate in 2006

Germany Unemployment Rate opened 2006 at 10.60% and closed at 9.40%, a -11.32% move for the year. The high of 10.60% was reached on January 1, and the low of 9.40% on December 1.

Open

10.60%

2006-01

9.40%

12 data points

High

10.60%

Jan 1

Low

9.40%

Dec 1

Full Year Change

-11.32%

2005 Change

+0.00%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	10.60%	10.60%	10.60%	10.60%	+0.00%
Feb	10.50%	10.50%	10.50%	10.50%	+0.00%
Mar	10.50%	10.50%	10.50%	10.50%	+0.00%
Apr	10.30%	10.30%	10.30%	10.30%	+0.00%
May	10.20%	10.20%	10.20%	10.20%	+0.00%
Jun	10.10%	10.10%	10.10%	10.10%	+0.00%
Jul	10.00%	10.00%	10.00%	10.00%	+0.00%
Aug	9.90%	9.90%	9.90%	9.90%	+0.00%
Sep	9.80%	9.80%	9.80%	9.80%	+0.00%
Oct	9.70%	9.70%	9.70%	9.70%	+0.00%
Nov	9.60%	9.60%	9.60%	9.60%	+0.00%
Dec	9.40%	9.40%	9.40%	9.40%	+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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