News Source: Washington Post
| 29 days ago
The jump in the unemployment rate to 10.2 percent, reported Friday, suggests that the job market could take longer than expected to recover and deepens the pressure on President Obama to come up with more immediate solutions. The jobless rate...
News Source: Washington Post
| about 1 month ago
Employers also continued slashing jobs, though at a slower rate than September, showing that even though the economy is expanding, the job market remains dismal. The crossing of that symbolic 10 percent barrier is likely to weigh on both the...
News Source: International Herald Tribune
| about 1 month ago
While the pace of the job losses has slowed significantly since the peak of the recession last winter, the unemployment rate, which measures the number of people actively seeking work, continues to climb, and economists do not foresee relief until...