Michigan jobless rate, nation's highest in August, up slightly to 15.3 percent in SeptemberOctober 14th, 2009 Mich. jobless rate up to 15.3 percent in Sept.LANSING, Mich. — Michigan's unemployment rate, which was the nation's highest at 15.2 percent in August, crept up to 15.3 percent in September, state officials said Wednesday.
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.
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.
White House sees progress in slowing job losses but Obama still not satisfiedSeptember 4th, 2009 WH: Progress, but not enough, slowing job lossesWASHINGTON — The White House press secretary says progress is being made in slowing the long string of job losses that the recession has caused. But the spokesman, Robert Gibbs, is still predicting that the nation's unemployment rate will "exceed 10 percent." And he says President Barack Obama is still not satisfied.
Stock futures hold on to most of their early gains after latest report on jobs marketSeptember 3rd, 2009 Stock futures stay positive after jobs dataNEW YORK — The latest reading on the labor market is giving investors some hope that the economy is healing. Stock futures held on to most of their early gains after the Labor Department said employers cut a total of 216,000 jobs in August, less than the 276,000 jobs lost in July and better than the 225,000 job losses analysts had been expecting.
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.
Jobless rates rise in all US metro areas in May; 2 parts of Indiana post biggest gainsJune 30th, 2009 Jobless rates rise in all US metro areas in MayWASHINGTON — Unemployment rates rose in all the largest U.S. metropolitan areas in May for the fifth straight month, and are likely to keep marching higher this year, a potential obstacle to a hoped-for economic recovery.
8 states see record unemployment rates in May; Nebraska, Vermont only states without increasesJune 19th, 2009 8 states see record unemployment rates in MayWASHINGTON — The unemployment rates in eight states hit record-highs last month and only two — Nebraska and Vermont — did not report increases. The Labor Department says 48 states and the District of Columbia saw employment conditions deteriorate last month.
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.
Stocks mixed after job cuts slow in May, but unemployment rate rises to 9.4 percentJune 5th, 2009 Stocks drift as unemployment rate checks gainsNEW YORK — With unemployment still rising, investors are questioning if stocks should be, too. Stocks ended a volatile Friday little changed after the government reported a surprising drop in job losses for May but also a spike in the unemployment rate to 9.4 percent.
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.
US unemployment rate jumps to 8.9 percentMay 8th, 2009 WASHINGTON - The US unemployment rate surged to 8.9 percent in April, its highest level since 1983, with companies shedding another 539,000 jobs during the ongoing recession, the US Labour Department said Friday. But the monthly loss was the smallest since October and lower than most analysts expected, suggesting that the worst of the economic downturn may be in the past.
Euro-zone jobless rate surges to 8.9 percent in March as April inflation stays at 0.6 percentApril 30th, 2009 Euro jobless rate surges, inflation stableBRUSSELS — The jobless rate in the 16 nations that use the euro surged to 8.9 percent in March, the highest level in nearly five years, the EU statistics office said Thursday. Unemployment is rising steeply despite recently higher business and consumer optimism about their recession-hit economy.
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.