Australia's unemployment rate drops; dollar rises to 14-month highOctober 7th, 2009 Australian jobless rate posts surprising dropCANBERRA, Australia — Australia's unemployment rate surprisingly dropped to 5.7 percent in September, the government said Thursday, news that caused the Australian dollar to surge to a 14-month high. Economists had forecast a rise to 6 percent, but the Australian Bureau of Statistics said 40,600 new jobs were created last month.
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.
British unemployment reaches 2.47 mnSeptember 16th, 2009 LONDON - The number of people out of work in Britain has risen to a 14-year-high to hit 2.47 million, the Office for National Statistics said Wednesday. Joblessness increased by 210,000 to 2.47 million in the three months to July, taking the rate of unemployment to 7.9 percent.
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.
Ireland's unemployment rate reaches 12.4 percent, a 14-year high and second-worst in euro zoneSeptember 2nd, 2009 Irish unemployment hits 14-year high of 12.4 pctDUBLIN — Ireland's unemployment rate has reached a 14-year high of 12.4 percent as the economy continues to unravel amid the recession, a property market depression and runaway debts, the Central Statistics Office reported Wednesday. The rise from July's rate of 12.2 percent means the number of people out of work has doubled in barely a year, reaching a new record high each month.
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.
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.
Unemployment tops 10 percent in 15 states in June; Michigan at 15.2 percent, highest since '84July 17th, 2009 Unemployment tops 10 percent in 15 states in JuneWASHINGTON — Unemployment topped 10 percent in 15 states and the District of Columbia last month, according to federal data released Friday. The rate in Michigan surpassed 15 percent, the first time any state hit that mark since 1984.
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.
Stocks decline in early trading as US unemployment rate reaches 26-year highJuly 2nd, 2009 Stocks fall as June job losses exceed estimatesNEW YORK — Stocks fell Thursday morning after a new report showed more job losses than expected in June. Major stock indexes were down about 2 percent after the U.S.
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.
Ireland's unemployment rate hits 13-year high of 11.8 percent; welfare claims at record highJune 5th, 2009 Irish unemployment hits 13-year high of 11.8 pctDUBLIN — Ireland's unemployment rate hit a 13-year high of 11.8 percent in May as a deepening recession pushed the welfare lines to record lengths, the Central Statistics Office reported Friday. The report said the number of people claiming jobless benefits has nearly doubled over the past year to 397,000, an unprecedented high dating back to the foundation of the Irish state in 1922.
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.