Unemployment - Archives
Unemployment hits 10.2%
The unemployment rate spiked to its highest level since 1983, much worse
than expected as employers continue to trim jobs despite other signs of
growth...
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65 and Up and Looking for
Work
It is well known that during the nation’s gale-force recession, many older
Americans who dreamed of retirement continued to work, often because their
401(k)’s had plunged in value. In fact, there are more Americans 65 and
older in the job market today than at any time in history...
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Job losses ebb, but
unemployment up
Unemployment jumps to a 26-year high of 9.7%, even as employers cut the
smallest number of jobs since August 2008...
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Global Confidence Drops as
Unemployment Surge Counters Stimulus
Confidence in the world economy dropped for the first time in four months
in July as government stimulus efforts showed little sign of reducing
unemployment, a Bloomberg survey of users on six continents showed...
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U.S. unemployment rate hits 9.5%, a 26-year high
In June, 467,000 jobs were lost; analysts had predicted 350,000. Despite
positive signs for the economy in recent weeks, the report is evidence
that the jobs market remains troubled...
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With Unemployment Moving
To 9.6%, Economic Impact Of Jobs Is Just Beginning
The unemployment rate for June is likely to go to 9.6% or higher according
to most analyst estimates. There are anecdotes from all over the country
that businesses which have cut people are prepared to get along without
replacing them until it is crystal clear that the economy is in a
full-blown recovery...
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Employed see tough times,
too
People who still have jobs are faring worse than at any time since the
Great Depression, a USA TODAY analysis of employment data found.
Furloughs, pay cuts and reduced hours are taking a toll on workers who so
far have escaped job cuts...
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Unemployment Survival Tips
An old economics joke goes: “What is the difference between a depression
and a recession? A recession is when my neighbor loses his job; a
depression is when I lose mine; and a panic is when my wife loses hers.”
Let’s hope we don’t get to the panic point, but an old joke contains an
important truth: unemployment has very disparate impacts...
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Obama Adviser Sees
Unemployment Rising Until 2010
President Obama’s chief economics forecaster said on Sunday that the
nation’s unemployment rate was likely to keep rising until 2010, even if
the economy begins growing later this year...
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U.S. Jobless Rate Hits
8.9%, but Pace of Losses Eases
The American economy lost another 539,000 jobs in April and the
unemployment rate leapt to 8.9 percent, the government reported Friday,
yet the deterioration was slightly milder than expected, buoying hopes
that better days are approaching...
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Salon charts the US
unemployment crisis
Salon shows how unemployment is spread across the United States and some of
the places hardest hit...
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2 million jobs lost so far
in '09
Unemployment rate spikes to 8.5%, a 25-year high, as 663,000 jobs lost in
March. 5.1 million jobs have now been lost since the beginning of 2008...
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Joblessness Probably Rose
to 25-Year High: U.S. Economy Preview
The U.S. jobless rate climbed in March to the highest level since 1983 and
manufacturing shrank, putting the recession on the brink of becoming the
longest in seven decades, economists said before reports this week...
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Unemployment rises in 99.7
percent of metro areas
Unemployment rose in all but one of the 372 metropolitan areas tracked by
the Labor Department at the start of 2009 and areas of California were
among the hardest hit, according to government data released Thursday...
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US Post Service looks for new ways to cut losses
The U.S. Postal Service has already suggested dropping a day of mail
delivery to save money. Now, with economic gloom everywhere, it's turning
to early retirements, management cutbacks and office closings...
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Avoid the Unemployment Blues: Get Out of the
Recession Funk by Staying Productive
Unemployment, for many, can lead to depression. Feelings of rejection and
failure make it difficult to find that next job. Avoiding this vicious
cycle is tantamount to your success in these turbulent economic times.
Unfortunately, unemployment-related depression is the reality for far too
many people across North America, as well as all over the globe. According
to CTV.ca, the unemployment rate in the U.S. has risen to 8.1%, and 7.7%
in Canada...
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