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Obama warns of debt-inspired double-dip recession

With unemployment firmly above 10 percent and a comprehensive health bill looming in the Senate, President Obama warned that without debt-reduction measures the U.S. could enter a double-dip recession.
Nov 18, 2009 by  Michael Krebs in Politics - 7 comments

Canada's jobless rate rises unexpectedly

Canada lost 43,000 full-time jobs in October. The losses were a surprise and boosted Canada's unemployment rate to 8.6 percent. Part-time work decreased by 60,000 positions in October, with adult women and youth bearing the brunt of the drop.
Nov 6, 2009 by  Stephanie Dearing in Business - 1 comment

US unemployment rate soars, employers cut 190,000 jobs in October

The U.S. Dept. of Labor reports that October's unemployment rate jumped to 10.2 percent. That rate is the highest it has been since 1983. Some employers, however, are adding temporary workers.
Nov 6, 2009 by  Kay Mathews in Business - 1 comment

Unemployment rate climbs to 10.2%

The US economy lost a net total of 190,000 jobs in October, causing the national unemployment rate to jump to 10.2%, the highest in 26 years.
Nov 6, 2009 by  Aaron Jefferson in Business - 1 comment

Congress extends unemployment benefits, new homebuyer tax credit

Passed on November 5th, the bill extends unemployment benefits up to twenty additional weeks and the new homebuyer tax credit to contracts signed by April 30 and completed by June 30.
Nov 5, 2009 by  Alisa Driscoll in Politics

Unemployment rocks U.S. Southwest

Unemployment is rocking the southwest part of the United States. Meanwhile, corporations like Oracle, that are doing just fine, are canceling conventions in Las Vegas just to keep the perception that they are not doing great in this economy.
Oct 31, 2009 by  Jay David Murphy in Business - 3 comments

South Carolina Unemployed Workers to Receive Much Needed Lifeline

Over 7,000 unemployed workers in South Carolina are breathing a sigh of relief this morning as the legislature votes to approve extending unemployment benefit payments.
Oct 29, 2009 by  Christina Jones in Politics

South Carolina Unemployment Money Given to Unqualified Applicants

South Carolina Department of Commerce data shows that not all unemployed workers receiving benefits qualify to receive unemployment to begin with.
Oct 26, 2009 by  Christina Jones in Business

Federal Unemployment Benefits Extension Debate Lingers in Senate

The Federal Unemployment Benefits Extension bill HR 3548 is still being debated in the Senate. Senators have yet to reach a resolution on how to fund the bill. While they debate, thousands of Americans are losing their unemployment benefits each day.
Oct 22, 2009 by  Justin Johnson in Politics - 3 comments

U.S. Senate proposes 14-week unemployment extension

Two million Americans are facing a termination of unemployment benefits by the end of the year and Senate Democrats are racing to get a proposal done to extend benefits before the clock strikes midnight.
Oct 9, 2009 by  Jay David Murphy in Politics - 29 comments

U.S. unemployment hits 9.8%, big September job cuts

The U.S. unemployment rate hit 9.8 percent in September, as the recession is proving to be more resilient than prior estimates.
Oct 2, 2009 by  Michael Krebs in Business

U.S. unemployment hits 9.8%, 263,000 jobs cut in September

The unemployment rate has risen to 9.8 percent in the United States. That number does not include those who have given up looking for employment or are underemployed. Jobs losses in Sept. especially high in construction and government sectors.
Oct 2, 2009 by  Kay Mathews in Business

Unemployment nationally at 9.7 %, Nevada reaches 13.2 % Special

The unemployment numbers are in for August and for the eighth straight month Nevada's unemployment rate goes up. The construction and hospitality industries have been hit the hardest.
Sep 18, 2009 by  Jay David Murphy in Business

U.S. unemployment hits 26-year high, rising to 9.7 percent

American unemployment figures in August hit a 26-year high, rising to 9.7 percent and reflecting an economy that remains uncertain.
Sep 4, 2009 by  Michael Krebs in Business

Biden: Stimulus is 'changing the trajectory' of the economy

With unemployment figures expected to stabilize in August, Vice President Joe Biden reiterates that the federal stimulus plan is working and that the 'trajectory' of the economy has been changed.
Sep 3, 2009 by  Michael Krebs in Politics - 7 comments

The White House projects higher unemployment, debt

White House budget chief Peter Orszag has stated that United States unemployment will rise to 10 per cent this year and debt will continue to increase with a $1.5 trillion deficit next year.
Aug 26, 2009 by  Andrew Moran in Politics - 7 comments

Unemployment hits 14-year high in United Kingdom

Britain's Office for National Statistics showed that unemployment has risen to reach 2.43 million, the highest level since 1995.
Aug 12, 2009 by  Kevin Jess in World - 2 comments

Canadian students see few employment opportunities Special

Unemployment is rising in Canada and this worries many students across the country. This university student is no different. Instead, she is even more pessimistic.
Aug 9, 2009 by  Andrew Moran in Lifestyle

Obama ties unemployment report and economy to health care bill

With town hall meetings facing stiff protest across the country, and with approval ratings at the lowest point of his presidency, President Obama seeks to tie an unexpected jobs report to the health care overhaul bill.
Aug 8, 2009 by  Michael Krebs in Politics - 5 comments

Job Loss Triples in July Throughout Canada

As the recession continues in most countries across the globe, Statistics Canada has released the unemployment numbers and they are not pretty.
Aug 8, 2009 by  Andrew Moran in Business - 2 comments
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