Recession of 2008

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The Recession of 2008 is a major worldwide economic downturn that was caused by the Financial Crisis of 2008.

Unemployment

Uenmployed2008.jpg

The unemployment rate nationally in November 2008 was 6.5%, shown in dark blue. Michigan had the highest unemployment at over 9%. In the West, California, Oregon, and Nevada all had relatively high unemployment levels, all around 8%.

U-states-08.jpg


References