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.
Unemployment rate in Calif climbs to 11.9 percent in July, up from 11.6 percentAugust 21st, 2009 Unemployment rate in Calif climbs to 11.9 pctSACRAMENTO, Calif. — California's unemployment rate climbed to 11.9 percent in July, the highest number in modern record-keeping.
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.
Newark unemployment rate surged to 14.3 percent in June, highest since July 1994August 7th, 2009 Newark jobless rate surged to 14.3 percent in JuneNEWARK, N.J. — Job losses are undermining turnaround efforts in New Jersey's largest city, where the unemployment rate reached a 15-year high in June.
Former Fed Chief Alan Greenspan says end to economic downturn is nearingAugust 2nd, 2009 Ex-Fed chief says economic downturn's end is nearWASHINGTON — Former Federal Reserve chairman Alan Greenspan says the economic downturn is not quite over but that the end is nearing. Greenspan says that the health of the financial system has improved significantly.
Optimistic for the economy, Greenspan says no need for Fed to consider interest rate boostAugust 2nd, 2009 Greenspan says no need yet to raise interest ratesWASHINGTON — Former Federal Reserve Chairman Alan Greenspan says he doesn't think the Fed should be considering raising interest rates to ward off inflation — at least not yet. Greenspan says the Fed will have to rein in credit and raise rates at some point.
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.
Poland's jobless rate falls to 11 percent in AprilMay 9th, 2009 Poland's jobless rate down to 11 percent in AprilWARSAW, Poland — Poland's jobless rate dropped to 11 percent in April from 11.2 percent the month before, according to government statistics released Friday. Labor Minister Jolanta Fedak said some 1.72 million people in the country of 38 million were without a job at the end of April — 28,000 less than 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.
Fed, Bernanke mulled possible rate cut to zero, other unconventional options in 2003May 8th, 2009 Fed, Bernanke mulled unconventional options in '03WASHINGTON — Ben Bernanke has done something no other Federal Reserve chairman has done before: cut rates to near zero and resorted to unconventional tools to lift the country out of recession. But new documents out Wednesday show Fed policymakers in 2003 spent time discussing how it might handle such a scenario.
Japan jobless rate up, household spending down in MarchMay 1st, 2009 Japan jobless rate up, spending down in MarchTOKYO — Japan says its jobless rate rose and household spending fell in March. Friday's government announcement shows the world's second-largest economy is still faltering.
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.
Taiwan's jobless rate hits record of 5.8 percent in March amid recessionApril 22nd, 2009 Taiwan's jobless rate hits record high of 5.8 pctTAIPEI, Taiwan — Taiwan's jobless rate hit a record high of 5.8 percent in March, rising for the eleventh straight month amid an economic slump, the government said Wednesday. The Directorate-General of Budget, Accounting and Statistics said in a statement the number of unemployed workers rose to 630,000 from 624,000 in February with the increase coming from company closures and layoffs.
Loading ...