What was the unemployment rate in December 2008?

What was the unemployment rate in December 2008?

A sobering U.S. Labor Department jobs report Friday showed the economy lost 524,000 jobs in December and 1.9 million in the year’s final four months, after the credit crisis began in September. The unemployment rate rose to 7.2% last month from 6.7% in November – its highest rate since January 1993.

How many jobs were lost in the United States in 2008?

“It’s just an enormous acceleration of job losses.”. By comparison, the 2.6 million jobs lost in 2008 nationwide were equal to the number of jobs found in states such as Wisconsin, Missouri or Maryland.

Can you draw unemployment again after being laid off?

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Can you get unemployment retroactive to the day you lost your job?

In addition to that, the federal pandemic unemployment programs — including that extra $600 a week — are available to everyone who qualifies from the time that they become eligible, meaning you will get benefits retroactive to the day you lost your job.

A sobering U.S. Labor Department jobs report Friday showed the economy lost 524,000 jobs in December and 1.9 million in the year’s final four months, after the credit crisis began in September. The unemployment rate rose to 7.2% last month from 6.7% in November – its highest rate since January 1993.

“It’s just an enormous acceleration of job losses.”. By comparison, the 2.6 million jobs lost in 2008 nationwide were equal to the number of jobs found in states such as Wisconsin, Missouri or Maryland.

What happens to your unemployment if you get laid off again?

Many people will be able to restart their unemployment benefits if they’re laid off again. Those benefits would likely pick up right where they left off, at the same weekly amount paid by their state.

In addition to that, the federal pandemic unemployment programs — including that extra $600 a week — are available to everyone who qualifies from the time that they become eligible, meaning you will get benefits retroactive to the day you lost your job.