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Historical Year Data · 2008

South Africa Unemployment Rate (WEO) in 2008

South Africa Unemployment Rate (WEO) opened 2008 at 22.41% and closed at 22.41%, a +0.00% move for the year. The high of 22.41% was reached on December 31, and the low of 22.41% on December 31.

Open
22.41%
2008-01
Close
22.41%
1 data points
High
22.41%
Dec 31
Low
22.41%
Dec 31
Full Year Change
+0.00%
2007 Change
+0.00%

Monthly Breakdown

MonthOpenCloseHighLowChange
Dec22.41%22.41%22.41%22.41%+0.00%

Events During 2008

2008 Financial Crisis
Deflation
September 2007 – March 2009

The 2008 Financial Crisis remains the deepest and most instructive market event of the 21st century. Subprime losses cascaded through leveraged balance sheets, froze interbank lending, and forced unprecedented central bank intervention.

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