US loses another 524000 jobs.

By: simplysuperb

Harīpur : Pakistan | 10 months ago

2 0

The nation lost more than half a million jobs last month, while the unemployment rate soared to 7.2 percent. The US Bureau of Labor Statistics reported a loss of 524000 jobs between November and December.

Reach
Credibility

More News From: Harīpur : Pakistan

Related Allvoices Contributions

US unemployement rate rises upto 10.2 %

By: kalex

The jobless rate of the US rises a stunning 10.2 % for the month of October.This is the highest rate seen from the year 1983, April.The report is submitted by the US Labor Department.Its seen that in the month October only some two lakhs of jobs been lost when compared to the month of October. From the December 2007 recession time more than eight ...

28 days ago
American's rally against amnesty across the country

By: kimberlydvorak

On a Friday afternoon when Americans were reeling from a terrorist massacre in Fort Hood, learning the mastermind of 9/11 will be tried in federal court like any other common criminal, the Obama Administration dusted off the 2007 immigration reform plan to resuscitate amnesty. The Obama team can’t seem to get past the campaign trail. ...

18 days ago
RECESSION leaves MOSTLY BLACK MEN UNEMPLOYED

By: RaulDeSouza

The recession has sent the unemployment rate among young black men soaring to rates not seen since the Great Depression. The jobless rate among black males aged 16 to 24 hit 34.5% last month, more than triple the rate for the general population. The demographic has been especially hit by massive job losses in the manufacturing, construction, ...

10 days ago
Roubini (Dr. Doom): The Worst is yet to come for the Unemployed

By: northsunm32

Roubini is famous for having predicted the financial crisis some time before it happened. This article maintains that joblessness will get even worse and the recovery will be weak. Many jobs will be outsourced as well. His prescription for even more stimulus by government is not likely to be politically popular since there have been ...

18 days ago
- 1
- 2
- >

News Stories

Unemployment by the numbers

News Source: Dubuque Telgraph Herald | 10 months ago

People unemployed in November 1982, the final month of the last recession of more than a year...Factory jobs lost in 2008, roughly half of them in the last four months. Retail jobs lost in 2008, more than half of them in the last four months.
US unemployment rises to 7.2 percent

News Source: NewKerala | 10 months ago

The unravelling financial crisis has put an added 632,000 people out of work, raising the total number of US unemployed to 11.1 million...The unemployment rate has risen by 2.3 percentage points over that time span, the Bureau of Labour Statistics...
Business First - Louisville: U.S. loses another 524,000 jobs, unemployment ...

News Source: Androscoggin News | 10 months ago

The nation lost more than half a million jobs last month, while the unemployment rate soared to 7.2 percent, it was announced Friday morning...Bureau of Labor Statistics reported a loss of 524,000 jobs between November and December. That continued a...
Free fall: Jobless rate worst since '93, new stats show

News Source: Bradenton Herald | 10 months ago

Employers shed an additional 524,000 jobs in December, the Labor Department reported Friday, bringing the full-year total to more than 2.6 million jobs lost in what will surely come to be known as the recession of 2008.
The Olympian, Washington: Free fall: Jobless rate worst since '93, new ...

News Source: Androscoggin News | 10 months ago

December's unemployment rate was the highest since January 1993, and was up by much more than expected over November's rate of 6.7 percent, according to the Labor Department. The December job losses brought the full-year total to over 2.6 million in...
Unemployment rate jumped in December

News Source: United Press International | 10 months ago

The U.S. unemployment rate jumped to 7.2 percent in December with a loss of 524,000 more jobs in the month, the U.S...That pumped the jobs lost in the final quarter of 2008 to 1.9 million, the department said. The department said that snce the...