Historical Year Data · 1993

Unemployment Rate (U3) in 1993

Unemployment Rate (U3) opened 1993 at 7.30% and closed at 6.50%, a -10.96% move for the year. The high of 7.30% was reached on January 1, and the low of 6.50% on December 1.

Open

7.30%

1993-01

6.50%

12 data points

High

7.30%

Jan 1

Low

6.50%

Dec 1

Full Year Change

-10.96%

1992 Change

+1.37%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	7.30%	7.30%	7.30%	7.30%	+0.00%
Feb	7.10%	7.10%	7.10%	7.10%	+0.00%
Mar	7.00%	7.00%	7.00%	7.00%	+0.00%
Apr	7.10%	7.10%	7.10%	7.10%	+0.00%
May	7.10%	7.10%	7.10%	7.10%	+0.00%
Jun	7.00%	7.00%	7.00%	7.00%	+0.00%
Jul	6.90%	6.90%	6.90%	6.90%	+0.00%
Aug	6.80%	6.80%	6.80%	6.80%	+0.00%
Sep	6.70%	6.70%	6.70%	6.70%	+0.00%
Oct	6.80%	6.80%	6.80%	6.80%	+0.00%
Nov	6.60%	6.60%	6.60%	6.60%	+0.00%
Dec	6.50%	6.50%	6.50%	6.50%	+0.00%

Events During 1993

1990 Japanese Bubble Collapse

Deflation

January 1990 – 2003

The Nikkei 225 peaked at 38,957 on December 29, 1989, then fell 82% over 13 years. Japan entered its "lost decades" of deflation, zero rates, and structural stagnation that still shapes global markets today.

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