Summary Box: Unemployment rate jumps to 26-year high, though job cuts slowSeptember 4th, 2009 Summary Box: Unemployment reaches 26-year highTHE BAD NEWS: The jobless rate jumped to 9.7 percent in August, the Labor Department said Friday, from 9.4 percent in July. That's the highest rate since June 1983.
Dollar slips as US unemployment jumps to 26-year high of 9.7 pct in AugustSeptember 4th, 2009 Dollar slips as unemployment rate jumps to 9.7 pctNEW YORK — The dollar ended slightly lower Friday after a report showing rising U.S. unemployment.
Unemployment rate drops in 17 states in July as layoffs slow, but jobs remain scarceAugust 21st, 2009 July unemployment dips in 17 states, rises in 26WASHINGTON — The unemployment rate fell in 17 states and the District of Columbia last month, a positive sign even as the pain of joblessness remains widespread. The Labor Department said Friday that the jobless rate fell in July in New York, Oregon, Minnesota and Virginia, among other states.
Meltdown 101: State unemployment report: Is the glass half-full, or half-empty?August 21st, 2009 Meltdown 101: State unemployment, by the numbersWASHINGTON — Texas added the third-highest number of jobs among the states last month — but its unemployment rate still jumped because thousands of jobless people streamed into the work force. That's typical of the Labor Department's July state employment report, which includes a wealth of good news and bad news — often from the same state.
Michigan jobless rate dips slightly to 15 percent in July, first drop in more than a yearAugust 19th, 2009 Michigan jobless rate dips slightly to 15 percentLANSING, Mich. — Michigan's monthly unemployment rate has dropped for the first time in more than a year.
Unemployment tops 10 percent in 16 states in June; Michigan at 15.2 percent, highest since '84July 17th, 2009 Unemployment tops 10 percent in 16 states in JuneWASHINGTON — The U.S. Labor Department says unemployment topped 10 percent in 16 states last month.
Canada sheds 7,400 jobs in June, pushing unemployment rate to 8.6 percentJuly 10th, 2009 Canada's unemployment rate rises to 11-year highTORONTO — Canada lost 7,400 jobs in June as the unemployment rate climbed to its highest level in 11 years. Statistics Canada announced Friday that the unemployment rate rose to 8.6 percent last month from 8.4 percent in May.
Australia's unemployment rises to 5.8 percent, highest level in 6 yearsJuly 9th, 2009 Australia's jobless rate rises to six-year highCANBERRA, Australia — Australia's unemployment rate rose to a six-year high of 5.8 percent in June as companies shed workers despite the government's massive stimulus spending, official figures showed Thursday. The Australian Bureau of Statistics said the number of people in jobs fell by 21,400 with a small increase in the number of part-time employees overwhelmed by losses in full-time employment.
Oil slips to $68 a barrel as dollar gains on euro, US unemployment rate rises to 9.5 pctJuly 2nd, 2009 Oil slips below $68 as US jobless rate risesOil prices slipped below $68 a barrel Thursday as rising unemployment in Europe and the U.S. helped strengthen the dollar and draw investors out of commodities.
Ireland's unemployment rate reaches new 13-year high of 11.9 percentJuly 1st, 2009 Irish unemployment hits 13-year high of 11.9 pctDUBLIN — Ireland's unemployment rate hit a 13-year high of 11.9 percent in June as a deepening recession pushed the welfare lines to record lengths, the Central Statistics Office reported Wednesday. The report said the number of people claiming jobless benefits has nearly doubled over the past year to 418,592, an unprecedented high dating back to the foundation of the Irish state in 1922.
Australia's jobless rate rises to 7-year high of 5.7 percent as companies cut workersJune 11th, 2009 Australian jobless rate at 7-year high 5.7 percentCANBERRA, Australia — Australia's unemployment rate rose to a seven-year high of 5.7 percent in May, government figures showed Thursday, reflecting job cuts at companies amid the slump. "We've always said we were not immune from the global recession," said Employment Minister Julia Gillard, which said the increase was in line with market expectations.
Summary Box: Layoffs slow, but jobless rate rises to 9.4 percent and will move higherJune 6th, 2009 Summary Box: Layoffs slow as recession easesJOB CUTS SLOW: Employers cut 345,000 jobs last month, the fewest since September and the fourth straight month that the pace of layoffs slowed. UNEMPLOYMENT RATE RISES: The jobless rate rose to 9.4 percent, from 8.9 percent in April.
Summary Box: Jobless claims dip, but unemployment rate expected to keep risingJune 4th, 2009 Summary Box: Jobless claims dip, but work scarceJOBLESS CLAIMS EASE: The number of newly laid-off workers filing initial claims for unemployment insurance fell Thursday, and so did the total number of people on the jobless benefit rolls. JOBS STILL SCARCE: Still, the drops were small and there is little indication companies are hiring.
Job losses slow to 539,000 in April; jobless rate rises to 8.9 percent, highest since 1983May 8th, 2009 Layoffs slow to 539K in April; jobless rate risesWASHINGTON — The pace of layoffs slowed in April, with employers cutting 539,000 jobs, the fewest in six months. But the unemployment rate climbed to 8.9 percent as many businesses remained wary of hiring given all the economic and financial uncertainties.
Polish unemployment rate rises to 11.2 percent in MarchApril 27th, 2009 Polish jobless rate rises to 11.2 percent in MarchWARSAW, Poland — Poland's jobless rate rose to 11.2 percent in March from 10.9 percent the previous month, according to government statistics released Monday. The Central Statistical Office said that almost 1.76 million people in the country of 38 million were unemployed at the end of March — an increase of 40,000 compared with the previous month.