Historical Year Data · 2006

Spain Unemployment Rate (WEO) in 2006

Spain Unemployment Rate (WEO) opened 2006 at 8.45% and closed at 8.45%, a +0.00% move for the year. The high of 8.45% was reached on December 31, and the low of 8.45% on December 31.

Open

8.45%

2006-01

8.45%

1 data points

High

8.45%

Dec 31

Low

8.45%

Dec 31

Full Year Change

+0.00%

2005 Change

+0.00%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Dec	8.45%	8.45%	8.45%	8.45%	+0.00%

Events During 2006

2006 US Housing Market Peak

Goldilocks

June 2006 – February 2007

US home prices peaked in summer 2006 after a 106% rally from 2000. Subprime mortgage underwriting collapsed in late 2006, setting up the 2008 crisis. The peak is the canonical example of a market top visible only in retrospect.

Previous Year

← Spain Unemployment Rate (WEO) in 2005

Next Year

Spain Unemployment Rate (WEO) in 2007→