Tag Archives: Employment

Mounting Unemployment Numbers

By admin | March 16, 2010

Ever since the onset of recession it’s been the worst month for job seekers. US employers cut a surprisingly large 80,000 jobs this March increasing the unemployment rate from 4.8 percent in February to 5.1 percent last month. The impact is just not on one particular industry but is widespread increasing the unrest in the [...]

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Unemployment Worries

By admin | June 10, 2009

Post the economic fall out the United States is facing yet another major crisis in the form of unemployment. March saw the unemployment rate soar to 8.3 percent; it is the highest since 1983. Employers slashed down 650,000 jobs. The forecast for the jobless rate was at 8.5 percent; it is up from the 8.1percent [...]

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Reaction of World Stocks on Jobs Data

By admin | December 15, 2008

World stocks rose by 20% after watching the outcome of the London Summit. It was forecasted that the rate of unemployment would be much higher but thankfully it was much lesser than the forecast. The volatility of the markets shows an instinct of recovery. The dollar stood steady against other major currencies.

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