Unemployment rate
January 1980 to May 2023, seasonally adjusted (persons, %)
1980
1982
1984
1986
1988
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
2016
2018
2020
2022
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
9.0
10.0
11.0
12.0%
Persons (%)
Technical recession in the first six months of 2020
GFC
"The recession we had to have"
(April 90 - Jun 91)
Early 80s recession (Oct 81 - Jun 83)