Silobreaker: Unemployment Rate Still Thriving!

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Saturday, November 21, 2009 3:24 PM

Published 07/02/2009 by Wonkette

Unemployment Rate Still Thriving!

In these difficult times, when it seems everything is declining -- corporate profits, individual incomes, assorted varieties and levels of a thing we used to call "hope" -- one thing grows ever larger and more robust: our unemployment rate. Let's hear it for the magical number 9..

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First Reported 07/02/2009 - Updated 07/03/2009 - 21 Documents (in Politics)

U.S. job losses spike in June, dampen recovery hopes

WASHINGTON (Reuters) - U.S. employers cut far more jobs than expected last month and the unemployment rate hit 9.5 percent, the highest in nearly 26 years, underscoring the likelihood of a long, slow recovery from recession. ... [Reuters: Business News - 07/03/2009]

Entities: Layoffs, United States, Unemployment Rate

First Reported 07/09/2009 - Updated 07/09/2009 - 2 Documents (in Politics)

New jobless claims drop to lowest level since Jan.

WASHINGTON (Reuters) - The number of newly laid-off workers filing initial claims for jobless benefits last week fell to lowest level since early January, largely due to changes in the timing of auto industry layoffs. RETAIL: Sales drop due to rain and ... [USA Today - 07/09/2009]

Entities: Layoffs, Retail Sales, Unemployment Rate, Unemployment Insurance

First Reported 07/02/2009 - Updated 07/03/2009 - 3 Documents (in Politics)

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US unemployment rate for June at 9.5 percentAnother 467,000 jobs lost

jobs lostThe US economy lost far more jobs in June than had been predicted by economists, and the unemployment rate hit 9.5 percent, its highest level since 1983, according to data released by the Labor Department on Thursday. The June jobless report ... [World Socialist Web Site - 07/03/2009]

Entities: Unemployment Rate, Unemployment, Pacific Investment Management Company LLC

First Reported 07/06/2009 - Updated 07/06/2009 - 2 Documents (in Energy)

Oil plummets to $64 on economic recovery concerns

NEW YORK, July 6 (Xinhua) -- Oil prices plummeted to 64 U.S. dollars a barrel on Monday as investors felt less confident for a speedy recovery of the economy.Light, sweet crude for August delivery fell 2.68 dollars, or 4.0 percent, to settle at 64.05 ... [Xinhua News Agency - 07/06/2009]

Entities: Dollar Stronger, New York Mercantile Exchange, Eurozone, Unemployment Rate

First Reported 07/02/2009 - Updated 07/03/2009 - 2 Documents (in Politics)

New York Stock Exchange

US stocks sent reeling by unemployment reaching 26-year high(update)

Update includes European, Latin American and Asian markets also slidingNEW YORK: A dour report on job losses in June sent stocks sharply lower Thursday.Major stock indexes fell more than 2.6 percent after the government said the U.S. unemployment rate ... [thestar.com.my - 07/03/2009]

Entities: Unemployment, Roy Williams, New York Stock Exchange, Unemployment Rate

First Reported 07/02/2009 - Updated 07/02/2009 - 1 Documents (in Economy)

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First Reported 07/03/2009 - Updated 07/03/2009 - 1 Documents (in Environment)

Barack Obama

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First Reported 06/25/2009 - Updated 06/25/2009 - 1 Documents (in Environment)

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First Reported 06/25/2009 - Updated 06/25/2009 - 1 Documents (in Politics)

US initial jobless claims jump for second month

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First Reported 06/30/2009 - Updated 06/30/2009 - 3 Documents (in Politics)

JAPAN: Jobless rate reaches highest level in more than five years

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First Reported 06/30/2009 - Updated 06/30/2009 - 1 Documents (in Politics)

German jobless rate falls slightly in June

BERLIN (AFP) The rate of unemployment in Germany, Europe's biggest economy, fell to 8.1 percent in June from 8.2 percent in May, the federal labour office said on Tuesday.The number of German jobless nonetheless rose by 31,000, after rising 7,000 in the ... [AFP via Yahoo! - 06/30/2009]

Entities: Unemployment Rate, Berlin, Unemployment

First Reported 07/01/2009 - Updated 07/01/2009 - 1 Documents

Japanese confidence up

TOKYO - BUSINESS confidence among major Japanese manufacturers has improved for the first time in two-and-a-half years, the central bank's quarterly Tankan survey showed Wednesday.The Tankan found that big manufacturers expect sentiment to continue to ... [Straits Times - 07/01/2009]

Entities: Japan, Fiscal Year, Unemployment Rate, 1990s, Tokyo

Blogs

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'Unemployment rate much worse than the administ... [The World Newser - 07/02/2009] Some quotes of the day...a good read before you head out of the office for the 4th... "There are now 14.7 million people unemployed. Since the start of the recession, ...
Jobs Numbers [The Corner - 07/02/2009] From CNN's Scott Spoerry at the Labor Department: -- The unemployment rate rose to 9.5 % in June. *Unemployment rate is the worst since Aug. 1983 --The ...
Does Arkansas’s Unemployment Rate Add Up? [WSJ.com: Real Time Economics - 06/29/2009] Arkansas’ unemployment rate, at 7%, is well below the national unemployment rate of 9.4%. Or is it? According to this article the state’s chief economist has questioned ...
America's Effective Unemployment Rate at 18.7%? [The Washington Note - 07/02/2009] Each month, I receive from Leo Hindery an update on "America's effective unemployment rate" which includes not only the official unemployment figures but other data ...
Broader Unemployment Rate Hit 16.5% in June [WSJ.com: Real Time Economics - 07/02/2009] As job losses accelerated in June, the unemployment rate ticked up 0.1 percentage point to 9.5%, the highest level since August 1983. But another more comprehensive ...

Audio/Video

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U.S. unemployment hits 9.5 percent [Reuters Video: Business - 07/02/2009]
Beneath the economic data [Reuters Video: Business - 07/01/2009]

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Unemployment Rate Still Thriving!