国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

WORLD> America
US jobless rate jumps to 16-year high in December
(Agencies)
Updated: 2009-01-09 23:24

WASHINGTON – The nation's unemployment rate bolted to 7.2 percent in December, the highest level in 16 years, as nervous employers slashed 524,000 jobs. The labor market is expected to remain weak as mass layoffs continue.


Steve Pruitt, from Belle Chasse, La., fills out an employment application during a Dollar General job fair in Metairie, La., Thursday, Jan. 8, 2009. The nation's unemployment rate bolted to 7.2 percent in December, the highest since early 1993, as nervous employers slashed 524,000 jobs. [Agencies]

The Labor Department's report, released Friday, underscored the terrible toll the deepening recession is having on workers and companies, and highlights the hard task President-elect Barack Obama faces in resuscitating the flat-lined economy.

Related readings:
 US Job losses stack up as recession deepens
 Obama considering expanding jobless benefits
 Obama to detail economic vision
 Wall Street braces for 2009's first full week

For all of 2008, the economy lost a net total of 2.6 million jobs. That was the most since 1945, when nearly 2.8 million jobs were lost. Although the number of jobs in the US has more than tripled since then, losses of this magnitude are still being painfully felt.

With employers throttling back hiring, the nation's jobless rate averaged 5.8 percent last year. That was up sharply from 4.6 percent in 2007 and was the highest since 2003.

Although economists were forecasting even more payroll reductions in December - around 550,000 - job losses in both October and November turned out to be deeper than previously estimated. Revised figures showed that the employers slashed 584,000 positions in November and another 423,000 in October.

The unemployment rate, meanwhile, rose from 6.8 percent in November, to 7.2 percent last month, the highest since January 1993. Economists were expecting the jobless rate to rise to 7 percent.

Job losses were widespread in December. Construction companies slashed 101,000, and factories axed a whopping 149,000 jobs. Professional and business services got rid of 113,000 jobs. Retailers eliminated nearly 67,000 jobs, and leisure and hospitality reduced employment by 22,000. That more than swamped gains in education and health care, and the government.

Employers are chopping costs as they try to cope with dwindling appetite from customers in the US as well as in other countries, which are struggling with their own economic problems.

   Previous page 1 2 Next Page  

嵩明县| 景谷| 南丹县| 龙门县| 吉安市| 额尔古纳市| 辉县市| 卓资县| 武定县| 驻马店市| 浙江省| 开阳县| 方正县| 岳普湖县| 北碚区| 克山县| 陆河县| 伊宁县| 长泰县| 贵阳市| 新营市| 明光市| 香格里拉县| 齐河县| 沐川县| 清水县| 台州市| 沙洋县| 洛南县| 柳河县| 诸城市| 西林县| 罗甸县| 岳普湖县| 开鲁县| 丰城市| 洛阳市| 博白县| 大竹县| 五指山市| 萨嘎县|