Historical Year Data · 2006

UK Unemployment in 2006

UK Unemployment opened 2006 at 5.20% and closed at 5.50%, a +5.77% move for the year. The high of 5.50% was reached on May 1, and the low of 5.20% on January 1.

Open

5.20%

2006-01

5.50%

12 data points

High

5.50%

May 1

Low

5.20%

Jan 1

Full Year Change

+5.77%

2005 Change

+6.25%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	5.20%	5.20%	5.20%	5.20%	+0.00%
Feb	5.20%	5.20%	5.20%	5.20%	+0.00%
Mar	5.30%	5.30%	5.30%	5.30%	+0.00%
Apr	5.40%	5.40%	5.40%	5.40%	+0.00%
May	5.50%	5.50%	5.50%	5.50%	+0.00%
Jun	5.50%	5.50%	5.50%	5.50%	+0.00%
Jul	5.50%	5.50%	5.50%	5.50%	+0.00%
Aug	5.50%	5.50%	5.50%	5.50%	+0.00%
Sep	5.50%	5.50%	5.50%	5.50%	+0.00%
Oct	5.40%	5.40%	5.40%	5.40%	+0.00%
Nov	5.50%	5.50%	5.50%	5.50%	+0.00%
Dec	5.50%	5.50%	5.50%	5.50%	+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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