Mexico's unemployment rate hit 6.28 percent in August, highest rate since mid-1990sSeptember 22nd, 2009 Mexico's jobless rate at 6.28 percent in AugustMEXICO CITY — Mexico's unemployment rate rose to 6.28 percent in August, the highest rate in more than 13 years. The National Statistics Institute says the jobless rate among the country's roughly 45 million workers was up from 4.2 percent in August 2008 as the country continues to feel the effects of the world recession.
US trade deficit rises to $32 bn in JulySeptember 10th, 2009 WASHINGTON - The US trade deficit rose by 16.3 percent to $32 billion in July, the highest level in six months, the commerce department said Thursday. The deficit was much higher than the $27.4 billion expected by economists.
Unemployment rises in SpainSeptember 2nd, 2009 MADRID - A total of 84,985 people were added to jobless rolls in August, following three consecutive months of declining unemployment, putting the total number of people without work in Spain at 3.6 million. The number of people without jobs has risen by 1.09 million, or 43.44 percent, in the past 12 months, the labour and immigration Ministry said Wednesday.
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.
June housing construction rises to highest level in 7 months; building permits also soarJuly 17th, 2009 June housing construction rises more than expectedWASHINGTON — Construction of new U.S. homes rose in June to the highest level in seven months as builders rushed to pour foundations for homes that must be completed by the end of November for first-time buyers to take advantage of a special tax break.
UK unemployment rises by 281,000 to 2.38 million; rate up from 7.2 pct to 7.6 pctJuly 15th, 2009 UK unemployment rate rises to 7.6 pctLONDON — Britain's unemployment rate increased to 7.6 percent as the country's steep recession raised the number of people out of work to 2.38 million in the March-May quarter, official data showed Wednesday. The unemployment rate was up from 7.2 percent in the three months to April, and the number of unemployed rose by a record 281,000, the Office for National Statistics said.
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.
Unemployment in OECD countries to approach 10 percent in 2010, OECD saysJune 23rd, 2009 OECD warns unemployment will rise in 2010PARIS — Unemployment in the 30 most developed market democracies of the world will continue to rise next year to reach almost 10 percent by the end of 2010, the Paris-based Organization for Economic Cooperation and Development said Tuesday. More than 57 million people will be unemployed in the 30 countries making up the OECD at the end of 2010, up from 37.2 million at the end of 2008, the international body said in a report.
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.
Canada unemployment rate rises to 8.4 percent, highest level in 11 yearsJune 5th, 2009 Canada unemployment highest in 11 yearsTORONTO — Canada's unemployment rate rose to 8.4 percent in May, the highest level in 11 years and up from 8 percent registered in April. Statistics Canada announced Friday the country lost a worse than expected 42,000 jobs in May.
Canada sheds 42,000 jobs in May, pushing unemployment rate to 8.4 percentJune 5th, 2009 Canada sheds 42,000 jobs in MayTORONTO — Canada lost 42,000 jobs in May as the unemployment rate jumped to the highest level in 11 years. Canada's unemployment rate rose to 8.4 percent in May from eight percent the previous month.
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.