Unemployed 27+ Weeks (Long-Term) in 2015
Unemployed 27+ Weeks (Long-Term) opened 2015 at 2,774 and closed at 2,127, a -23.32% move for the year. The high of 2,774 was reached on January 1, and the low of 2,074 on November 1.
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 2,774 | 2,774 | 2,774 | 2,774 | +0.00% |
| Feb | 2,658 | 2,658 | 2,658 | 2,658 | +0.00% |
| Mar | 2,542 | 2,542 | 2,542 | 2,542 | +0.00% |
| Apr | 2,560 | 2,560 | 2,560 | 2,560 | +0.00% |
| May | 2,503 | 2,503 | 2,503 | 2,503 | +0.00% |
| Jun | 2,162 | 2,162 | 2,162 | 2,162 | +0.00% |
| Jul | 2,127 | 2,127 | 2,127 | 2,127 | +0.00% |
| Aug | 2,172 | 2,172 | 2,172 | 2,172 | +0.00% |
| Sep | 2,097 | 2,097 | 2,097 | 2,097 | +0.00% |
| Oct | 2,130 | 2,130 | 2,130 | 2,130 | +0.00% |
| Nov | 2,074 | 2,074 | 2,074 | 2,074 | +0.00% |
| Dec | 2,127 | 2,127 | 2,127 | 2,127 | +0.00% |
Events During 2015
The PBoC devalued the yuan by 1.9% in a single day on August 11, 2015, the first meaningful devaluation since 1994. Global risk assets convulsed.
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.
The Swiss National Bank abandoned its 1.20 EUR/CHF floor on January 15, 2015. The franc immediately surged 30%, blowing up retail FX brokers and exposing the fragility of exchange rate commitments.
Related Metrics
Get historical context as markets unfold, regime classification, scenario triggers, and analysis in your inbox.