2014 Event The Federal Reserve will continue its current program of slow withdrawal of economic stimulus measures, as U.S. unemployment and underemployment numbers have not improved quickly enough to warrant a change in policy 2014 Event Prince Felipe of Spain is coronated as King Felipe VI, following his father's abdication over two weeks ago; the simple ceremony sought to avoid displays of extravagance in a nation suffering high unemployment and growing disinterest in the monarchy 2014 Event Spain will increase spending in an $8.2 billion program aimed to stimulate economic growth; the country has been working to overcome an unemployment rate of 25%, but recent reports have shown an encouraging decline in jobless claims 2014 Event New Italian Prime Minister Matteo Renzi announces plans to cut government spending and use the funds to decrease taxes on individuals and regional businesses; Italy's unemployment rate increased 0.2 percent in January to 12.9 percent 2014 Event A day before the U.S. Senate will vote on extending emergency unemployment benefits, Gene Sperling, Director of the White House National Economic Council publicly promoted the case for extending benefits 2013 Event As long-term federal unemployment benefits expire, leaving 1.3 million unemployed Americans without aid, lawmakers discuss bipartisan legislation to extend unemployment benefits 2013 Event Unemployment in France reaches a record level of 3.22 million people 2012 Event Several European countries protest against unemployment and austerity measures; Spain and Portugal hold the largest protests, with Greece, Italy and Belgium holding smaller ones 2012 Event Britain has 2.67 million people unemployed, its highest unemployment rate since 1995 2012 Event The Euro zone experiences the highest unemployment level in its history: 10.7 per cent 2012 Event The U.S. unemployment rate drops to 8.3%, the lowest in three years after employers added 240,000 jobs in January 2012 Event For the first time in nearly 17 years, Spain's unemployment number passes five million 2012 Event Unemployment in Spain is reportedly at a record high 2011 Event Unemployment in the United Kingdom rises to 2.64 million people 2011 Event Australia's unemployment rate for August 2011 has risen to 5.3% 2010 Event In Tunisia, a protester dies of injuries incurred during continued protests over unemployment and living conditions 2010 Event The U.S. unemployment rate for August 2010 rises to 9.6% 1993 Event Germany unemployment hits country record of 3.5 million 1992 Event Maximum New York State unemployment benefits raised to $300 per week 1991 Event Maximum New York State unemployment benefits raised to $280 per week 1990 Event Maximum New York State unemployment benefits raised to $260 per week 1989 Event Maximum New York State unemployment benefits raised to $245 per week 1981 Event Netherlands unemployment stands at record 475,000 1970 Event Unemployment in U.S. increases to 5.8 percent 1939 Event Social Security Administration approves 1st unemployment check 1938 Event Dutch government starts obligatory unemployment insurance 1937 Event Minister Romme says unemployment is 25% "quarter of Romme" 1932 Event 1st U.S. state unemployment insurance act enacted (Wisconsin) 1925 Event Unemployment Insurance Act passed in England 1923 Event U.S. unemployment has nearly ended 1894 Event Commonweal of Christ (Coxey's Army) arrives in Wash, DC 500 strong to protest unemployment; Coxey arrested for trespassing at Capitol