Unemployment

What Does It Take to Get a Little Unemployment Extension, Here?

En Tequila Es Verdad (Free subscription) | 9 hours ago

Overcoming not one, not two, but three - count 'em, three - Con filibusters . That's what it takes. Why Cons pull this kind of shit when the jobless numbers are this horrible is beyond me. Are they telling us they want to lose in 2010? Is that it? Because if it is, I'm more than happy to ensure that happens. And so are - lemme see - 200,000 unemployed Americans who lost their benefits while the Cons...

U.S. Unemployment Rate Hits 10.2%, Highest in...

Britannia Radio (Free subscription) | 11 hours ago

U.S. Unemployment Rate Hits 10.2%, Highest in 26 Years: “The guy on the street is going to ask, ‘What recovery'’ ” said Stuart G. Hoffman, chief economist at the PNC Financial Services Group in Pittsburgh. “The job market is still in reverse.”Obama signs bill to extend unemployment benefits: It doesn’t help people who will run out of benefits in 2010 –...

US unemployment reaches 10.2 percent

Lindsay Mitchell (Free subscription) | 13 hours ago

October quarter data shows that US unemployment rose from 9.8 to 10.2 percent. This is apparently a bigger jump than was predicted. Meantime NZ unemployment climbed from 6 to 6.5 percent for the September quarter. The OECD average is 8.6 percent. NZ ranks 10th and the US 25th. The full list; Norway 3.0 Netherlands 3.5 Korea 3.8 Switzerland 4.1 Austria 4.7 Japan 5.5 Australia 5.7 Denmark 5.9 Mexico...

Personal insolvencies rise to new record as unemployment bites

The Independent (Free subscription) | 19 hours ago

More people than ever before were declared insolvent in England and Wales during the third quarter of the year. Figures released by the Insolvency Service yesterday reveal that there were 35,242 personal insolvencies over the three months to the end of September, up by 28 per cent on the same period of 2008, and by 6 per cent on the previous quarter.

What it takes to extend unemployment benefits

Political Animal (Free subscription) | yesterday

WHAT IT TAKES TO EXTEND UNEMPLOYMENT BENEFITS.... The good news is, President Obama will sign a measure today to extend unemployment benefits for at least 14 weeks for people out of work. It's money well spent -- it helps struggling...

US unemployment reaches highest for 26 years

Times Online (Free subscription) | yesterday

America’s unemployment rate pushed through the 10 per cent mark in October for the first time in 26 years.

Unemployment 10.2% for October 2009

The Economic Populist (Free subscription) | yesterday

Well, it happened. The official unemployment rate jumped to 10.2% for October. Here is the press release. The unemployment rate rose from 9.8 to 10.2 percent in October, and nonfarm payroll employment continued to decline (-190,000), the U.S. Bureau of Labor Statistics reported today. The largest job losses over the month were in construction, manufacturing, and retail trade. What's U6? 17.5%. The...

• 10.2% unemployment, 190,000 jobs lost - Credit Writedowns
• Unemployment Reaches a 26 Year High - MyDD
• See the 15 articles on the same subject

Meltdown 101: When unemployment last hit 10 pct

Sify (Free subscription) | 10 hours ago

The last time unemployment climbed past 10 percent, "The A-Team" was one of the top 10 TV shows and Michael Jackson was about to release "Thriller."

• Meltdown 101: When unemployment last topped 10 pct - Daily Advance - Business
• Many things are different since jobless rate was last 10% - Houston Chronicle
• See the 7 articles on the same subject

Dollar rises as U.S. unemployment jumps above 10%

People Daily (Free subscription) | 14 hours ago

The dollar rose against most major currencies on Friday as safety-haven demand for the U.S. currency was boosted by high employment rate. The unemployment rate rose from 9.8 to 10.2 percent in October, the U.S. Bureau of Labor Statistics reported. It was the first time the unemployment surpassing 10 percent in 26 years. Most analysts have forecasted a slighter increase to 9.9 percent. Nonfarm payroll...

• Unemployment Reaches a 26 Year High - MyDD
• Employment Report: 190K Jobs Lost, 10.2% Unemployment Rate from Calculated Risk by CalculatedRisk - Snuffysmith's Blog
• See the 5 articles on the same subject

Unemployment rate hits 26-year high

Chicago Tribune (Free subscription) | 16 hours ago

-- The nation's unemployment rate surged to 10.2 percent in October, hitting double digits for the first time in 26 years.

• Unemployment rate rises above 10% for first time since 1983 - Los Angeles Times
• Unemployment surpasses 10 percent - Baltimore Sun
• See the 5 articles on the same subject

US unemployment rate tops 10%

Financial Times (Free subscription) | yesterday

The unemployment rate shot up to 10.2 per cent in October, its highest level in over 26 years as the economy shed another 190,000 jobs, according to official data released on Friday

Unemployment Rate Actually 17.5%

Saber Point (Free subscription) | 3 hours ago

The official unemployment rate stands at 10.2%. Pretty terrible, but it's even worse than that. The actual unemployment rate includes not only people looking for work, but people working part time jobs that want to work full time and workers otherwise underemployed. The New York Times explains: With the release of the jobs report on Friday, the broadest measure of unemployment and underemployment tracked...

• Broadest Measure Of Unemployment At Highest Level Since Great Depression - Below The Beltway
• Unemployment/Underemployment Reaches 17.5% - New Jersey Real Estate Report
• See the 7 articles on the same subject

Dollar choppy after unemployment tops 10 percent

Daily Advance - Business (Free subscription) | 15 hours ago

NEW YORK — The safe-haven dollar got an immediate boost Friday after the government said the U...

• Dollar choppy after unemployment tops 10 percent - Miami Herald
• Dollar Choppy After Unemployment Tops 10 Percent - ABC News
• See the 4 articles on the same subject

Unemployment

Cafe Hayek (Free subscription) | yesterday

It’s up to 10.2%. Trouble ahead. Trouble behind. The politics is going to be very tough. More pressure to “fix” the economy. The possibility that we are in the mess we are in because of past attempts to fix the economy is very alien to most politicians and most economists. Remember your Hayek: The curious task [...]

Double-digit unemployment under Obama

THE CENTRIST (Free subscription) | 15 hours ago

The unemployment rate in the U.S. rose to 10.2 percent today despite guarantees by Barack Obama when he signed the $787 billion "stimulus" bill in February that unemployment would never rise above 8 percent. Of all of Obama's lies, this one is the biggest. More than 16 million Americans are out of work, while Obama continues to insist that his "stimulus" package has "saved...

“Target-Free Approach”

vivian09 | 15/10/2009

The short experience to date since the introduction of the “target-free approach” in the states of Uttar Pradesh, Bihar , Rajasthan and Madhya Pradesh has been disappointing. Acceptance levels were less than 50% of the corresponding period in the previous year when targets were in vogue. On the other hand, such a drastic change in acceptance has not occurred in the progressive southern states. Thus,...

Mitsubishi buys 40 percent stake into Russian dealer’s distribution

traimi | 29/09/2009

For about $72 million, Mitsubishi Corp. was able to buy 40 percent of Rolf’s Mitsubishi car distribution business in Russia. Rolf is Russia’s largest foreign car dealer and was hit hard by declining sales in Russia. Reasons for the 54% drop in sales in August year-on-year include the fall of the ruble, lack of consumer credit, and rising unemployment.

Friendly Web Design to start a business in UK

imrozz | 26/08/2009

The recession is being blamed for the increase in unemployment and many people are finding themselves in debt and with little or no income. Lots of companies are closing down and finding a job in such an economic climate is difficult. A website is a one mean to start an online business. A website is a vital marketing tool for business. The visual aspect of a website must be attractive and grab the...