October 2009 Unemployment Rate 10.20% – Chart of the Day
The economy has grown again, but the labor market showed no sign of improving. Actually, if you look at the the unemployment report released this morning, you will probably feel things are getting worse, not better.
In the latest job report, the government said that the nation’s monthly unemployment rate reached 10.20%, the highest level in [...]
April 2009 Unemployment Rate 8.9% – Chart of the Day
The labor market is still weak, but there’s little hope that the situation may start to improve as the pace of job cut slowed in April.
The Labor Department reported today that U.S. employers trimmed 539,000 nonfarm jobs in April 2009, the smallest monthly decline since October 2008, after ADP data showed similar decline early this [...]
U.S. January Unemployment Rate 7.6% – Chart of the Day
The Labor Department reported on Friday that U.S. monthly unemployment rate hit 7.6% in January, the highest level since September 1992. The unemployment rate in December 2008 was 7.2%. In January, employers cut a total 598,000 jobs, the most monthly job losses in more than 34 years. Both the number of job losses and unemployment [...]
