US unemployment rate hits 9.8%
The US unemployment rate climbed to a fresh 26-year high of 9.8 per cent in September, as the pain of recession continues to linger on the shoulders of american workers in spite of aggressive measures to stimulate the economy.
The US unemployment rate has more than doubled in the past two years and the number of people without jobs has risen by 7.6m to 15.1m since the recession began in December 2007.Source: FT.com 02/10/09
No comments:
Post a Comment