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Sure, I'll list every single time unemployment broke 10%. - 1981-1982 recession, caused by the oil crisis a few years before, had 10.8% peak unemployment - Th
by alexb_ 3y ago
Sure, I'll list every single time unemployment broke 10%.
- 1981-1982 recession, caused by the oil crisis a few years before, had 10.8% peak unemployment
- The Great Recession (again, there was deflation here) with 10% peak unemployment.
- COVID, which had a 14.7% peak unemployment for a few months before the US made a smooth landing.
That's it.