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By the numbers: 'Are you better off?'

9.4 million Americans were unemployed in August of 2008; 12.6 million Americans were unemployed in August 2012.

Story highlights

  • 9.4 million -- Number of people unemployed in August 2008
  • 12.6 million -- Number of people unemployed in August 2012
  • $4.09 -- Average price for a gallon of unleaded gas in July 2008
  • $3.45 -- Average price for a gallon of unleaded gas in July 2012
Republican presidential nominee Mitt Romney, channeling Ronald Reagan, asked the American public at the Republican convention, "Are you better off than you were four years ago?"
We put that question to the test and here's what we found - by the numbers:
9.4 million -- Number of people unemployed in August 2008.
12.6 million -- Number of people unemployed in August 2012.
6.1% - U.S. unemployment rate in August 2008.
Surviving the housing crisis
Surviving the housing crisis

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The housing crisis hits swing states
The housing crisis hits swing states

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    The housing crisis hits swing states

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The housing crisis hits swing states 04:33
Fed stimulus costs $1 million per job
Fed stimulus costs $1 million per job

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    Fed stimulus costs $1 million per job

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Fed stimulus costs $1 million per job 04:38
Orman: Americans struggling to survive
Orman: Americans struggling to survive

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Orman: Americans struggling to survive 03:39
A look back at the 2012 RNC
A look back at the 2012 RNC

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A look back at the 2012 RNC 02:45
8.1% - U.S. unemployment rate in August 2012.
3.4 million -- Number of job openings in the U.S. as of July 31, 2008.
3.7 million -- Number of job openings in the U.S. as of July 31, 2012.
1.6 million -- Number of long-term unemployed (jobless for 27 weeks or more) as of August 2008.
5 million -- Number of long-term unemployed (jobless for 27 weeks or more) as of August 2012.
5.7 million -- Number of people working part-time, involuntarily, in August 2008.
Prices and Finance
$16,953 -- The value of 100 shares of Apple stock on August 29, 2008.
$66,524 -- The value of 100 shares of Apple stock on August 31, 2012.
Housing
68.1% -- U.S. homeownership rate as of June 2008.
65.5% -- U.S. homeownership rate as of June 2012.