Historical Year Data · 2002

Nonfarm Payrolls in 2002

Nonfarm Payrolls opened 2002 at 130,859 and closed at 130,465, a -0.30% move for the year. The high of 130,859 was reached on January 1, and the low of 130,465 on December 1.

Open

130,859

2002-01

130,465

12 data points

High

130,859

Jan 1

Low

130,465

Dec 1

Full Year Change

-0.30%

2001 Change

-1.30%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	130,859	130,859	130,859	130,859	+0.00%
Feb	130,737	130,737	130,737	130,737	+0.00%
Mar	130,722	130,722	130,722	130,722	+0.00%
Apr	130,616	130,616	130,616	130,616	+0.00%
May	130,632	130,632	130,632	130,632	+0.00%
Jun	130,674	130,674	130,674	130,674	+0.00%
Jul	130,584	130,584	130,584	130,584	+0.00%
Aug	130,581	130,581	130,581	130,581	+0.00%
Sep	130,502	130,502	130,502	130,502	+0.00%
Oct	130,617	130,617	130,617	130,617	+0.00%
Nov	130,616	130,616	130,616	130,616	+0.00%
Dec	130,465	130,465	130,465	130,465	+0.00%

Events During 2002

1990 Japanese Bubble Collapse

Deflation

January 1990 – 2003

The Nikkei 225 peaked at 38,957 on December 29, 1989, then fell 82% over 13 years. Japan entered its "lost decades" of deflation, zero rates, and structural stagnation that still shapes global markets today.

1998 Euro Launch & 1999 Introduction

Goldilocks

May 1998 – January 2002

Eleven European Union members locked exchange rates on January 1, 1999, creating the euro as a virtual currency. Physical notes and coins circulated from January 1, 2002. The euro became the largest monetary experiment since Bretton Woods.

2000 Dotcom Crash

Deflation

March 2000 – October 2002

The Nasdaq Composite peaked at 5,048 on March 10, 2000 and fell 78% over 31 months. Internet companies went bankrupt en masse. The crash reshaped venture capital, corporate governance, and accounting standards.

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