Historical Year Data · 2014

UK Unemployment in 2014

UK Unemployment opened 2014 at 6.90% and closed at 5.60%, a -18.84% move for the year. The high of 6.90% was reached on January 1, and the low of 5.60% on December 1.

Open

6.90%

2014-01

5.60%

12 data points

High

6.90%

Jan 1

Low

5.60%

Dec 1

Full Year Change

-18.84%

2013 Change

-11.25%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	6.90%	6.90%	6.90%	6.90%	+0.00%
Feb	6.70%	6.70%	6.70%	6.70%	+0.00%
Mar	6.60%	6.60%	6.60%	6.60%	+0.00%
Apr	6.40%	6.40%	6.40%	6.40%	+0.00%
May	6.30%	6.30%	6.30%	6.30%	+0.00%
Jun	6.10%	6.10%	6.10%	6.10%	+0.00%
Jul	6.00%	6.00%	6.00%	6.00%	+0.00%
Aug	6.00%	6.00%	6.00%	6.00%	+0.00%
Sep	5.90%	5.90%	5.90%	5.90%	+0.00%
Oct	5.90%	5.90%	5.90%	5.90%	+0.00%
Nov	5.70%	5.70%	5.70%	5.70%	+0.00%
Dec	5.60%	5.60%	5.60%	5.60%	+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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