Posts Tagged ‘unemployment’
Labor Department says unemployment numbers high in December
In November the US unemployment rate rose 9.8%, the highest rate since April, this is an increase from the 9.6% a rate recorded in the previous three months , raising fears about the strength of the economic recovery, the Labor Department said. Many discouraged workers gave up looking for new jobs altogether during the slump,…
Read MoreExtended unemployment benefits to end today
Unless Congress changes its mind, ,Extended unemployment benefits that had been extended up to 99 weeks will end this month benefits will start running out today for an estimated two million Americans,The average weekly unemployment benefit in the U.S. is $302.90, though it varies widely depending on how states calculate the payment. Because of supplemental…
Read MoreSlow US unemployment growth
No short term way to reduce the high US unemployment ,a top economic adviser to President Barack Obama ,Paul Voicker has said .For the next year or more he expects the growth to be slow. In an effort to boost growth and create jobs and trying to cut unemployment that stands at 9.6 percent, the…
Read More