Historical Year Data · 2002

Unemployed 5 to 14 Weeks in 2002

Unemployed 5 to 14 Weeks opened 2002 at 2,606 and closed at 2,589, a -0.65% move for the year. The high of 2,872 was reached on April 1, and the low of 2,467 on July 1.

Open

2,606

2002-01

2,589

12 data points

High

2,872

Apr 1

Low

2,467

Jul 1

Full Year Change

-0.65%

2001 Change

+43.00%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	2,606	2,606	2,606	2,606	+0.00%
Feb	2,577	2,577	2,577	2,577	+0.00%
Mar	2,563	2,563	2,563	2,563	+0.00%
Apr	2,872	2,872	2,872	2,872	+0.00%
May	2,584	2,584	2,584	2,584	+0.00%
Jun	2,654	2,654	2,654	2,654	+0.00%
Jul	2,467	2,467	2,467	2,467	+0.00%
Aug	2,525	2,525	2,525	2,525	+0.00%
Sep	2,526	2,526	2,526	2,526	+0.00%
Oct	2,512	2,512	2,512	2,512	+0.00%
Nov	2,505	2,505	2,505	2,505	+0.00%
Dec	2,589	2,589	2,589	2,589	+0.00%

Events During 2002

1990 Japanese Bubble Collapse

Deflation

January 1990 – 2003

The Nikkei 225 peaked at 38,957 on December 29, 1989, then fell 82% over 13 years. Japan entered its "lost decades" of deflation, zero rates, and structural stagnation that still shapes global markets today.

1998 Euro Launch & 1999 Introduction

Goldilocks

May 1998 – January 2002

Eleven European Union members locked exchange rates on January 1, 1999, creating the euro as a virtual currency. Physical notes and coins circulated from January 1, 2002. The euro became the largest monetary experiment since Bretton Woods.

2000 Dotcom Crash

Deflation

March 2000 – October 2002

The Nasdaq Composite peaked at 5,048 on March 10, 2000 and fell 78% over 31 months. Internet companies went bankrupt en masse. The crash reshaped venture capital, corporate governance, and accounting standards.

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