Historical Year Data · 2003

Unemployment Rate (U3) in 2003

Unemployment Rate (U3) opened 2003 at 5.80% and closed at 5.70%, a -1.72% move for the year. The high of 6.30% was reached on June 1, and the low of 5.70% on December 1.

Open

5.80%

2003-01

5.70%

12 data points

High

6.30%

Jun 1

Low

5.70%

Dec 1

Full Year Change

-1.72%

2002 Change

+5.26%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	5.80%	5.80%	5.80%	5.80%	+0.00%
Feb	5.90%	5.90%	5.90%	5.90%	+0.00%
Mar	5.90%	5.90%	5.90%	5.90%	+0.00%
Apr	6.00%	6.00%	6.00%	6.00%	+0.00%
May	6.10%	6.10%	6.10%	6.10%	+0.00%
Jun	6.30%	6.30%	6.30%	6.30%	+0.00%
Jul	6.20%	6.20%	6.20%	6.20%	+0.00%
Aug	6.10%	6.10%	6.10%	6.10%	+0.00%
Sep	6.10%	6.10%	6.10%	6.10%	+0.00%
Oct	6.00%	6.00%	6.00%	6.00%	+0.00%
Nov	5.80%	5.80%	5.80%	5.80%	+0.00%
Dec	5.70%	5.70%	5.70%	5.70%	+0.00%

Events During 2003

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.

Previous Year

← Unemployment Rate (U3) in 2002

Next Year

Unemployment Rate (U3) in 2004→