Obama says 9.8 percent jobless rate a sobering reminder of hard task of reversing recessionOctober 2nd, 2009 Obama: New jobless number a sobering reminderWASHINGTON — President Barack Obama is calling the latest jobless figures a sobering reminder that progress to reverse the recession comes in fits and starts. He says the new unemployment numbers also serve as a reminder that the country needs to "grind out this recovery step by step."
Obama made the comments after the Labor Department reported that the unemployment rate rose to 9.8 percent in September as employers cut more jobs than expected.
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.
Unemployment rate in California climbs to 11.9 percent in July, up from 11.6 percentAugust 21st, 2009 California unemployment rate climbs to 11.9 pct.SAN FRANCISCO — California's unemployment rate climbed to 11.9 percent in July, the highest number in modern record-keeping. That's an increase from 11.6 percent in June and considerably higher than the jobless rate of 7.3 percent a year ago.
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.
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.
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.
White House welcomes better-than-expected jobs report, says improvements still necessaryAugust 7th, 2009 White House calls job report good news for economyWASHINGTON — The Obama White House is applauding an encouraging jobs report as evidence the country has retreated from the brink of depression. Presidential spokesman Robert Gibbs told reporters Friday there remains plenty of work to do despite the latest government report showing that unemployment went down from 9.6 percent to 9.4 percent in July.
Summary Box: Jobless claims drop in positive sign for economyAugust 6th, 2009 Summary Box: Jobless claims drop as layoffs slowWHAT HAPPENED: The government said Thursday that initial jobless claims fell to 550,000 last week from 588,000 the previous week. While still high, new claims have dropped by about 50,000 in the past month.
June's US unemployment data 'sobering': ObamaJuly 3rd, 2009 WASHINGTON - The US economy shed a surprising 467,000 jobs in June and the jobless rate climbed to 9.5 percent, in what President Barack Obama called a "sobering" sign that the country's deep recession is far from over. The Labour Department's report sent US stocks plummeting more than 2 percent.
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.
Biden: White House to 'ramp up' economic recovery; tough jobs report includes signs of hopeJune 5th, 2009 Biden: White House to 'ramp up' economic recoveryWASHINGTON — Vice President Joe Biden said Friday the White House plans to "ramp up" the pace of its economic recovery efforts as the government reported the unemployment rate jumped to its highest level in over a quarter-century. Addressing reporters, Biden said the latest jobs report reflects how millions of Americans are still hurting, but he also said there were "some signs of hope today."
The jobless rate in May shot up from 8.9 percent to 9.4 percent and 345,000 more jobs were slashed from company payrolls.
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.
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.
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