Historical Year Data · 2008

Unemployed 27+ Weeks (Long-Term) in 2008

Unemployed 27+ Weeks (Long-Term) opened 2008 at 1,388 and closed at 2,610, a +88.04% move for the year. The high of 2,610 was reached on December 1, and the low of 1,323 on March 1.

Open

1,388

2008-01

2,610

12 data points

High

2,610

Dec 1

Low

1,323

Mar 1

Full Year Change

+88.04%

2007 Change

+16.04%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	1,388	1,388	1,388	1,388	+0.00%
Feb	1,329	1,329	1,329	1,329	+0.00%
Mar	1,323	1,323	1,323	1,323	+0.00%
Apr	1,372	1,372	1,372	1,372	+0.00%
May	1,561	1,561	1,561	1,561	+0.00%
Jun	1,576	1,576	1,576	1,576	+0.00%
Jul	1,664	1,664	1,664	1,664	+0.00%
Aug	1,866	1,866	1,866	1,866	+0.00%
Sep	2,027	2,027	2,027	2,027	+0.00%
Oct	2,280	2,280	2,280	2,280	+0.00%
Nov	2,219	2,219	2,219	2,219	+0.00%
Dec	2,610	2,610	2,610	2,610	+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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