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Unemployment Rate stories from Top sites:
Geithner Says 'Continued Policy Support' Needed for Recovery
Nov 6th, 2009 - Bloomberg
Nov. 7 (Bloomberg) -- Treasury Secretary Timothy Geithnersaid the U.S. economy requires “continued policy support” torecover from a financial and economic crisis that has pushedunemployment to its highest level since 1983.
Unemployment rate rises to 10.2%
Nov 6th, 2009 - Los Angeles Times
Reporting from Washington - The nation's unemployment rate jumped to 10.2% in October, raising questions about the staying power of the budding economic recovery and confronting President Obama with a politically explosive new challenge.Jobless bill adds 20 weeks unemployment pay in Michigan
Nov 6th, 2009 - The Detroit News
Washington -- President Barack Obama said new figures released Friday showing the national unemployment has hit the double-digit mark -- 10.2 percent -- are a sobering reminder of the challenges still facing the U.S...
Dollar Falls as Job Losses Anchor Fed's Pledge to Keep Rate Low
Nov 6th, 2009 - Bloomberg
Nov. 7 (Bloomberg) -- The dollar fell against the euro onspeculation the Federal Reserve will keep borrowing costs nearzero into next year after the U.S. unemployment rate exceeded 10percent for the first time since 1983.
Obama Says Government Is Working to Ease Joblessness
Nov 6th, 2009 - Wall Street Journal
WASHINGTON -- President Barack Obama said his economic team was examining additional infrastructure spending, energy-efficiency incentives, business tax cuts and other...
Unemployment Rate videos from YouTube:
- Celente: American unemployment...Jobless rates in the United States rose to 10.2% for the first time in the past 26 years. Many experts like Trends Research Institute's Gerald Celente predict that the actual numbers are much higher and the unemployment rate is likely to climb.
- Money Minute: Unemployment...The unemployment tops 10 percent, homebuyers get tax credit extension and DVD price wars begin. The AP's Mark Hamrick reports. (Nov. 6)
- Economic Expectations -...Interview with David Tice of Federated Investors (Bloomberg News)
- 16.8% unemployment rateAlso check me out on www.facebook.com and www.twitter.com
Unemployment Rate stories from Digg:
With H-1B/L1, Unemployment lot tougher than it used to be.
It hurts more to be unemployed now than the last time the jobless rate hit 10 percent.Americans have more than triple the debt they had in 1982, and less than half the savings. They spend 10 weeks longer off the job. And a bigger share of them have no health insurance, leaving them one medical emergency away from financial ruin. (Business & Finance)
ucccftSat, Nov 7th, 20092 Diggs, 0 Comments10.2% Unemployment Rate!
In a little less than two years, unemployment has nearly doubled, reaching a point we have not seen in 26 years. The recession began in December 2007, and since then, the number of unemployed persons in America has increased by 8.2 million, to a frightful 15.7 million. What's worse, is that the reported unemployment rate does not include folks work(Business & Finance)
WallStreetGreekSat, Nov 7th, 20091 Diggs, 0 CommentsThe land of milk and honey-(and broken dreams?)
With so many people getting laid off, losing their jobs and the foreclosure rate climbing and a country that's so full of opportunity and wealth in such a deep recession. The unemployment rate is on the rise. Food pantries are running out of food,(Political Opinion)
k1mb3rlydr0ssSat, Nov 7th, 20091 Diggs, 0 Comments
Unemployment Rate from WikiPedia:
Unemployment occurs when a person is available to work and seeking work but currently without work. The prevalence of unemployment is usually measured using the unemployment rate, which is defined as the percentage of those in the labor force who are unemployed. The unemployment rate is also used in economic studies and economic indices such as the United States' Conference Board's Index of Leading Indicators as a measure of the state of the macroeconomics.
Most economic schools of thought agree that the cause of involuntary unemployment is that wages are above the market clearing rate. However, there are disagreements as to why this would be the case: the economists argue that in a downturn, wages stay high because they are naturally 'sticky', whilst others argue that minimum wages and union activity keep them high.
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