Question: what was the unemployment rate during great recession?
Answer: Five years after the onset of the Great Recession of 2008-09, the U.S. labor market remains in a depressed state relative to its pre-recession level. After hovering between 4 and 5 percent in 2006 and 2007, the unemployment rate spiked up to 10 percent in October 2009 and declined very slowly since then.