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U.S. Unemployment Rate Rises To 26-Year High

From Getty Images  |  2009-07-02 19:01:44
U.S. Unemployment Rate Rises To 26-Year High
NEW YORK - JULY 02: Unemployment advisor Shawn Morales with the New York State Labor Department's Division of Employment Services gives information to a job seeker July 2, 2009 in the Brooklyn borough of New York City. According to a ...
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Older job seekers struggle to overcome age barrier

From AP News  |  2009-07-02 22:28:31
Older job seekers struggle to overcome age barriers as 55-plus jobless rate hits record

Like many unemployed older workers, 64-year old Allan Kellum fears his age has made it harder to find a new job. At a recent job fair, Kellum expressed interest in a supervisory role coordinating an international health assistance program. A recruiter set him straight: "The people ...

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Meltdown 101: Unemployment by the Numbers

From AP News  |  2009-07-02 21:37:24
Meltdown 101: A by-the-numbers look at how many jobs have been lost during the recession

How bad is the current recession? Here's one measure: the United States now has fewer jobs than it did nine years ago, even though the work force — the number of people either working or looking for work — has grown by 12.5 million people ...

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U.S. job losses spike in June, dampen recovery hopes

From Reuters US Online Report Business News  |  2009-07-02 21:35:49

WASHINGTON (Reuters) - U.S. employers cut far more jobs than expected last month and the unemployment rate hit 9.5 percent, the highest in nearly 26 years, underscoring the likelihood of a long, slow recovery from recession. The loss of 467,000 jobs reported by the Labor Department on Thursday was 100,000 more than Wall Street economists had expected ...

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Related Articles

BT to pay its executives less than rivals

Daily Telegraph, UK 7/4/2009 5:19:26 PM

The radical proposals come as companies face increasingly angry shareholder reaction to large remuneration packages. . . Shareholders have recently...

Labour market seen stabilizing

Calgary Herald 7/4/2009 4:10:09 PM

After months of layoffs and cutbacks, one leading labour market expert says the worst is behind us and a slow recovery is likely in the first...

Jhb EMS workers end strike

News 24, South Africa 7/4/2009 5:16:51 PM

After a month-long strike, Johannesburg emergency workers will return to work as early as Saturday.. "All services (medical, fire, search and ...

Unemployment hits 9.5 percent in U.S.

Minneapolis / St. Paul Business Journal 7/4/2009 10:32:22 AM

Employers cut more jobs in the U.S. in June causing unemployment to rise to 9.5 percent from 9.4 percent in May, the highest since August 1983.. ...

GM considers options ahead of court ruling

Bangkok Post, Thailand 7/4/2009 5:09:35 PM

As General Motors executives await a key court ruling that will determine whether they can establish a new company, the shape of any future ...

New Indiana law changes unemployment rules

Greencastle Banner-Graphic, Indiana 7/4/2009 4:45:58 PM

An Indiana law passed this year is changing some aspects of the state's unemployment system. Those on unemployment must now submit at least one job ...

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