Historical Year Data · 2006

Spain Unemployment Rate in 2006

Spain Unemployment Rate opened 2006 at 8.80% and closed at 8.30%, a -5.68% move for the year. The high of 8.80% was reached on January 1, and the low of 8.20% on September 1.

Open

8.80%

2006-01

8.30%

12 data points

High

8.80%

Jan 1

Low

8.20%

Sep 1

Full Year Change

-5.68%

2005 Change

-12.87%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	8.80%	8.80%	8.80%	8.80%	+0.00%
Feb	8.70%	8.70%	8.70%	8.70%	+0.00%
Mar	8.70%	8.70%	8.70%	8.70%	+0.00%
Apr	8.60%	8.60%	8.60%	8.60%	+0.00%
May	8.50%	8.50%	8.50%	8.50%	+0.00%
Jun	8.40%	8.40%	8.40%	8.40%	+0.00%
Jul	8.30%	8.30%	8.30%	8.30%	+0.00%
Aug	8.30%	8.30%	8.30%	8.30%	+0.00%
Sep	8.20%	8.20%	8.20%	8.20%	+0.00%
Oct	8.20%	8.20%	8.20%	8.20%	+0.00%
Nov	8.30%	8.30%	8.30%	8.30%	+0.00%
Dec	8.30%	8.30%	8.30%	8.30%	+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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