Historical Year Data · 2008

Spain Unemployment Rate in 2008

Spain Unemployment Rate opened 2008 at 9.10% and closed at 14.80%, a +62.64% move for the year. The high of 14.80% was reached on December 1, and the low of 9.10% on January 1.

Open

9.10%

2008-01

14.80%

12 data points

High

14.80%

Dec 1

Low

9.10%

Jan 1

Full Year Change

+62.64%

2007 Change

+6.02%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	9.10%	9.10%	9.10%	9.10%	+0.00%
Feb	9.30%	9.30%	9.30%	9.30%	+0.00%
Mar	9.50%	9.50%	9.50%	9.50%	+0.00%
Apr	10.00%	10.00%	10.00%	10.00%	+0.00%
May	10.40%	10.40%	10.40%	10.40%	+0.00%
Jun	10.80%	10.80%	10.80%	10.80%	+0.00%
Jul	11.10%	11.10%	11.10%	11.10%	+0.00%
Aug	11.50%	11.50%	11.50%	11.50%	+0.00%
Sep	12.00%	12.00%	12.00%	12.00%	+0.00%
Oct	12.90%	12.90%	12.90%	12.90%	+0.00%
Nov	13.80%	13.80%	13.80%	13.80%	+0.00%
Dec	14.80%	14.80%	14.80%	14.80%	+0.00%

Events During 2008

2008 Financial Crisis

Deflation

September 2007 – March 2009

The 2008 Financial Crisis remains the deepest and most instructive market event of the 21st century. Subprime losses cascaded through leveraged balance sheets, froze interbank lending, and forced unprecedented central bank intervention.

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