Historical Year Data · 2014

Underemployment Rate (U6) in 2014

Underemployment Rate (U6) opened 2014 at 12.60% and closed at 11.20%, a -11.11% move for the year. The high of 12.70% was reached on March 1, and the low of 11.20% on December 1.

Open

12.60%

2014-01

11.20%

12 data points

High

12.70%

Mar 1

Low

11.20%

Dec 1

Full Year Change

-11.11%

2013 Change

-9.66%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	12.60%	12.60%	12.60%	12.60%	+0.00%
Feb	12.60%	12.60%	12.60%	12.60%	+0.00%
Mar	12.70%	12.70%	12.70%	12.70%	+0.00%
Apr	12.30%	12.30%	12.30%	12.30%	+0.00%
May	12.30%	12.30%	12.30%	12.30%	+0.00%
Jun	12.00%	12.00%	12.00%	12.00%	+0.00%
Jul	12.10%	12.10%	12.10%	12.10%	+0.00%
Aug	12.00%	12.00%	12.00%	12.00%	+0.00%
Sep	11.70%	11.70%	11.70%	11.70%	+0.00%
Oct	11.50%	11.50%	11.50%	11.50%	+0.00%
Nov	11.40%	11.40%	11.40%	11.40%	+0.00%
Dec	11.20%	11.20%	11.20%	11.20%	+0.00%

Events During 2014

2014-2016 Oil Price Collapse

Deflation

June 2014 – February 2016

Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.

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