Historical Year Data · 2016
Unemployment Rate (Asian) in 2016
Unemployment Rate (Asian) opened 2016 at 4.30% and closed at 4.40%, a +2.33% move for the year. The high of 4.70% was reached on April 1, and the low of 4.30% on January 1.
Open
4.30%
2016-01
Close
4.40%
12 data points
High
4.70%
Apr 1
Low
4.30%
Jan 1
Full Year Change
+2.33%
2015 Change
-13.21%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 4.30% | 4.30% | 4.30% | 4.30% | +0.00% |
| Feb | 4.40% | 4.40% | 4.40% | 4.40% | +0.00% |
| Mar | 4.50% | 4.50% | 4.50% | 4.50% | +0.00% |
| Apr | 4.70% | 4.70% | 4.70% | 4.70% | +0.00% |
| May | 4.40% | 4.40% | 4.40% | 4.40% | +0.00% |
| Jun | 4.50% | 4.50% | 4.50% | 4.50% | +0.00% |
| Jul | 4.70% | 4.70% | 4.70% | 4.70% | +0.00% |
| Aug | 4.50% | 4.50% | 4.50% | 4.50% | +0.00% |
| Sep | 4.70% | 4.70% | 4.70% | 4.70% | +0.00% |
| Oct | 4.60% | 4.60% | 4.60% | 4.60% | +0.00% |
| Nov | 4.40% | 4.40% | 4.40% | 4.40% | +0.00% |
| Dec | 4.40% | 4.40% | 4.40% | 4.40% | +0.00% |
Events During 2016
2016 Brexit Vote
Goldilocks
June 23–24, 2016
The UK voted to leave the European Union on June 23, 2016. The pound fell 10% overnight, its largest single-day drop since floating in 1971.
2014-2016 Oil Price Collapse
Deflation
June 2014 – February 2016
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
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