The unemployment rate in 2008-2009 is shown below:
- The data statistics from research in 2007, shows that the national unemployment rate as 5.0 percent.
- Other data also show that by recession end June 2009, it has increased to 9.5 percent and after recession, it ross to its peak at 10.0 percent.
What Is Unemployment?
The term unemployment connote when a person is said to not have any job.
Conclusively, It means the individual is currently searching for employment but they were not able to find work.
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