Unemployment in December 2008
January 13, 2009
In December, the number of unemployed persons increased by 632,000 to 11.1 million and the unemployment rate rose to 7.2 percent. Since the start of the recession in December 2007, the number of unemployed persons has grown by 3.6 million, and the unemployment rate has risen by 2.3 percentage points.
Among the unemployed, the number of job losers and persons who completed temporary jobs rose over the month by 315,000 to 6.5 million in December 2008. Over the past 12 months, the size of this group has increased by 2.7 million.
The number of long-term unemployed (those jobless for 27 weeks or more) rose to 2.6 million in December and was up by 1.3 million in 2008.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Unemployment in December 2008 on the Internet at http://www.bls.gov/opub/ted/2009/jan/wk2/art02.htm (visited April 19, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.