Tuesday, August 23, 2011

Unemployment Rate

Jobless Claims Rises To 428,000 In A Week!



As the labor market stalls, jobless claims have risen to almost half a million. This is the second week in which unemployment claims have risen.This brings the total number of Americans receiving unemployment to more than seven million people.



US Hiring Slows, Unemployment Rate Hits 9.1% in July 2011 -- Report 9.2%  Analysis Unemployment figure reaches it's highest level of 2011 as only 18,000 non-governmental hires are made in June. What's worse, the unemployment figure went up despite the workforce participation rate falling to its lowest level since 1984.

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