News Tag: 26-year high
November 9, 2009
Figures from the US Labor Department have revealed that the unemployment rate in the US reached 10.2% in October, up from 9.8% the previous month and represents the highest level since April 1983.
The US economy lost a worse-than-expected 190,000 jobs during the month with the majority of job losses in the construction, manufacturing and retail industries.
However, there was some positive news ...
US unemployment rate tips over 10%
by Kay Murchie
September 4, 2009
The Labor Department has today revealed that the US unemployment rate has hit a 26-year high of 9.7% - analysts had been expecting a rise to 9.5%.
Figures show that 216,000 jobs were lost in August in the world’s largest economy and since the start of the recession in December 2007, the economy has lost 6.9 million jobs and there are currently ...
US unemployment rate at 26-year high
by Kay Murchie
