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With 15 million Americans unemployed, state unemployment systems are overwhelmed and millions of people have had to wait weeks to get their benefits, according to a report in today's New York Times.
Yet another record the U.S. labor market would rather not achieve: Continuing claims for unemployment benefits jumped 161,000 to a record 5.73 million, the U.S. Labor Department announced Thursday.
The unemployment rate now stands at 9.8 percent, we learned Friday morning and, to quote Claude Raines in Casablanca, the market was shocked -- shocked! -- by the news, at least initially. True ...
July 2009 Australian unemployment rate: 5.8% [28] August 2009 Australian unemployment rate: 5.8% [29] September 2009 Australian unemployment rate: 5.7% [30] October 2009 Australian unemployment rate: 5.8% [31] The unemployment rate for October rose slightly due to population growth and other factors leading to 35,000 people looking for work ...
In 2003, prior to the significant expansion of subprime lending of 2004-2006, the unemployment rate was close to 6%. [52] The wider measure of unemployment ("U-6") which includes those employed part-time for economic reasons or marginally attached to the labor force rose from 8.4% pre-crisis to a peak of 17.1% in October 2009.
Events from the year 2009 in the United States. The inauguration of Barack Obama as the president, occurred on January 20. The nation, still recovering from the Great Recession, received various economic stimuli through the American Recovery and Reinvestment Act of 2009 and similar legislation, which most notably gave Americans tax credits.
The news that the unemployment rate hit a 16-year high, to 7.2% in December, and that 2.6 million jobs were lost in 2008 -- the most since 1945, is bad news that is only going to get worse as 2009 ...
Prior to the 2009 election, no Republican had won a statewide election in New Jersey since 1997, when Governor Christine Todd Whitman won re-election with 47.1% of the vote. The last Republican to win a statewide election in New Jersey with over 50% of the vote was incumbent governor Thomas Kean in 1985, who won with 71% of the vote. [85]