Historical Year Data · 1984

Unemployment Rate (U3) in 1984

Unemployment Rate (U3) opened 1984 at 8.00% and closed at 7.30%, a -8.75% move for the year. The high of 8.00% was reached on January 1, and the low of 7.20% on June 1.

Open

8.00%

1984-01

7.30%

12 data points

High

8.00%

Jan 1

Low

7.20%

Jun 1

Full Year Change

-8.75%

1983 Change

-20.19%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	8.00%	8.00%	8.00%	8.00%	+0.00%
Feb	7.80%	7.80%	7.80%	7.80%	+0.00%
Mar	7.80%	7.80%	7.80%	7.80%	+0.00%
Apr	7.70%	7.70%	7.70%	7.70%	+0.00%
May	7.40%	7.40%	7.40%	7.40%	+0.00%
Jun	7.20%	7.20%	7.20%	7.20%	+0.00%
Jul	7.50%	7.50%	7.50%	7.50%	+0.00%
Aug	7.50%	7.50%	7.50%	7.50%	+0.00%
Sep	7.30%	7.30%	7.30%	7.30%	+0.00%
Oct	7.40%	7.40%	7.40%	7.40%	+0.00%
Nov	7.20%	7.20%	7.20%	7.20%	+0.00%
Dec	7.30%	7.30%	7.30%	7.30%	+0.00%

Events During 1984

1982 Latin American Debt Crisis

Deflation

August 1982 – 1989

Mexico defaulted on its external debt in August 1982, triggering a seven-year crisis that engulfed Brazil, Argentina, Chile, and most of Latin America. The "lost decade" reshaped emerging market finance.

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